No options to come out of escrow, these are the 30 cent options that have been sitting there and issued with the initial prospectus and last year. If you look closely you will see in the Appendix 3B that there are 21 mil shares not listed on the ASX. Those are the shares that are in escrow. Add 12 mill shares plus your 9 mil oppies to get 21 mil shares not listed.....
No other magic oppies floating around. If there are shares to come out of escrow, they have been noted in the full dilution of the company, Their listing on the ASX will no affect any of the company calculations. It is unlikely that those Directors holding the shares in escrow are going to dump now that the bottom is in on the charts.
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escrowed securities to be out soon, page-8
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