when you have a long memory like I do (although making notes does help) and research by taking time to read past announcements you will read a convertible note was done back in mid 2016 for $750,000 at 2c (i.e. the float price for EPT) when it was minquest prior to the acquisition to assist with the EPT deal. this was also voted by shareholder vote to approve the issue of 1:1 options expiry at 2c escrowed till Oct-2017.
Fast forward today and those options are in the money and hence conversion into stock at 2c would yield $750,000 income to EPT, so it provides cash avenue for the company.
The story on this company is only beginning...........the value add that management are ticking off in milestones is being well received by the market and why wouldn't it. This in my thoughts will continue with what lies ahead.....
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