It often happens. There's often conspiracies such as so any underwriter wants to convert, or a broker wants the next CR to include new options so there can be another pump like some might think there was for the many blkoa that sold for over ,2 cents etc and things like that. So for that to occur the so needs to be low so the options expire worthless. Remember the promising outlook last February and the valuable blkoa, well what happened to the good story.
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BLKOA - Request for Expiration Date Extension, page-22
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