That's all well and good if they were wanting to carry on and get a heap of cash further down the track from options being exercised and it would also make a lot of disenchanted option holders much happier.
However, if they really have substantial prospective deals on the table at the moment then you can bet your bottom dollar that these guys and the propective deal makers will want the current options to lapse so they don't have to pay extra for them in any deal.
On the other hand, if both parties want access to potential option exercise money in the future then perhaps an extention might happen. I don't think anyone has any faith in the latter prospect at the moment though.
That's all well and good if they were wanting to carry on and...
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