Haha I'll do my best. Basically: 1. MMJ has exercised the 2.4M...

Haha I'll do my best. Basically:

1. MMJ has exercised the 2.4M options as per section 6f.
2. This is a partial exercise of the performance options groups F and G (see 5 and 9).
3. Assuming that these will now be sold above 50-60c, the company should be able to receive some $1.5M for the coffers
4. The company still retains some 50M performance options (see 9). Note that all of these could supposedly be converted at the current SP.

If I'm reading this correctly, it means MMJ will have more money to keep us going until we get the production into full swing (which was mentioned and of concern recently).

EDIT: Furthermore, there is NOTHING negative to be taken from this Ann. The company (IMO) has converted only what was necessary; and honestly, why the hell not!! Well done MMJ. IMO, we will see 75c again shortly.