Well there's no point exercising the options at the moment, given you can get shares at a 10:1 ratio on the options exercise price currently. There's about 260 days left on them, so if you cross all your fingers and toes, we might have some luck in that department.
You could flog them, but at 0.001, you'll get ~$2,700. If you priced them at 0.003, given how thin the sell book is at the moment you could potentially see a small degree of interest, but again, not sure why an investor would choose the oppies at the moment over buying heads.
You need to consider your own personal circumstances and figure out if you can hold on until we see a result, either positive or negative. Though in good news, there's not a whole lot lower this can really go!
As I said before, DYOR and figure out your circumstances. Not worth the wife killing you for the insurance money if this doesn't work out.
PRL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held