I was more than happy to buy at these levels for the...

I was more than happy to buy at these levels for the leverage:

Example: 1:3

$5000 / $0.015 = 333,333 GED
$5000 / $0.005 =1,000,000 GEDO

If GED doubles to$0.03
333,333 GED is worth$10,000 = 1 bag
1,000,000 GEDO isworth $15,000 = 2 bags (@ 0.015 + 0.015 exercise price)*

If GED triples to $0.045
333,333 GED is worth $15,000 = 2 bags
1,000,000 GEDO is worth $30,000 = 5 bags (@ 0.03 + 0.015 exercise price)

*Assuming there isno premium, although its likely there would be one due to the 2:1ratio. So the price would likely be a closer to $0.02 consideringthe extra leverage offered.

GED $0.014 vs GEDO $0.004 as was available last week offers even better leverage ( 1:3.5) :

$5000 / $0.014 = 357,142 GED
$5000 / $0.004 = 1,250,000 GEDO

The fact they are on the edge of being in the money actually makes them slighty less risky vs some other options out there IMO. I buy a stock because I believe it can deliver bag's and then sit back and patiently wait for some luck.

Not financial advise. I am no way an expert. DYOR GLTAH