ccc or ccco, page-4

I also favor the options - have about 1/3 CCC & 2/3 CCCO - if you believe in the long term potential (i.e. next 3 years & beyond) then the options provide excellent leverage.

here are some calculations:

If SP goes to $1 before feb 2013:

$10,000 original investment = 263,158 CCCOs at 3.8c = $263,158 -
(cost: $10000 + $13,158 conversion at 5c) = profit $240,000

$10,000 original investment = 161,290 CCCs at 6.2c = $161,290 - (cost:
$10000) = profit $151,290

difference: $88,710