re: free money - long dong let me get something straight.. sorry im a n00b to this..
GMIO excercise price is $1..
GMIO price is 25c
GMI SP is $1.25
latest Excercise date 30/11/06
so if you buy 100k options($25k) to excercise you need to find $100k and send it in to GMI and you get 100K full shares.. ($25k options+100k to excercise=$125k for 100k shares) if you go on market and buy 100k shares you pay the same dollar amount
whats the upside? you end up even or am i missing something
dont laugh... too much anyway :))
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