Ann: Security Class Reinstatement to Quotation- OPTOB, page-567

I’m not sure in a situation like this historical volatility is a good indication of future volatility. This could be trading at well over $5 by the end of the year with the right result, we at least know there will be a drastic change (down or up) within a few months, and if up that could be by several hundred percent. The options look even more compelling when you increase that volatility measure from 100% to 150% to 200% etc, which is why I didn’t hesitate to back up the truck on extras the other day. If the results are good there’s really no risk at all that both options won’t be significantly in the money