43,565,215 Options exercisable at 6 cents expiring 29 September 2017
quick table math $2,613,912.90 = 43,565,215x0.06c
sorry not $29m, but still a good chunk of money so no Capital raising is needed.
this QTR outflow is 513k
current cash on hand after expenditures is 2.2m
gives you a rough idea as to the current financial situation, looks pretty good.
So if all oppies are ex we will have 2.2-513k+2.6m=4.3m or so.
so end of this QTR should have cash in hand about $4.3m..
not bad for a 7c stock.
43,565,215 Options exercisable at 6 cents expiring 29 September...
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