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Dr Michelle Miller has converted all her options with $597,000 of her own money, why now?, page-20

  1. TwinTurboCelica
    10,101 Posts.
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    23/10/18
    21:01
    Post #: 36231623
    I’m no expert in this mechanism, but it appears rather than buying the options, MM may just be issued the difference without any sells on market taking place. For example, rather than buying 5 million shares, and then say sell 3 million shares to pay for them, the company just issues 2 million shares and cancels the options.
    BIT Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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