Very interesting.
67,500,000 Listed options
Strike price .03c
Expire dec 2018
No cash payment for these options
Options offered to -Xcel captial which is a Marketing & investor relations services provider.
So basically this company has taken free options in replace of a payment for their services.
These options are traceable & have a strike of .03c which is almost 50% higher then where we sit today.
Why would they do this?
Only way to profit from this instead of just receiving a cash payment is to sell those listed option on, giving new investors are interested in buying them, or, they think the 3c strike price is going to be a steal. Sit on these options for 12months, transfer for 3c per share & be sitting on a nice profit.
PM1 Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
