This post will upset a few options holder. I will apologies now to get it over and done with.
The options will expire in April 2009. 25 cents to convert it to a share.
The current market does not look like it will turn back anytime soon. No crystal ball here. Then options will expire and it will be worth $0. The company will not get the money it so desire to push them forward in their projects. *something like this have always been the back of my mind for a long time* lessons learn the hard way :(
This is my opinion about holding the options, as Fatstock have discussed it before a long time ago. Leverage is great but only in a bull market. I do not hold options due to bad experience in the past. Bitten once too shy to even look at options.
Cheers, MNM
MNM Price at posting:
7.6¢ Sentiment: None Disclosure: Held