Jimmstock,The way I read it is that, the loan can be extended...

Jimmstock,

The way I read it is that, the loan can be extended beyond the 4 weeks for an extra 50,000 options per day, with no final date (?). That's worth $150 a day by my calculation. I assume that it is extendible at the company's option.

That's how I read it and I would have thought that would be the way the company would have done it. It doesn't serve anyone's purpose to have the loan called back early and the company sent to the wall, particularly not the lender.

Again, I am happy to hear any view to the contrary.