nine lives...
I think you may be shooting yourself in the head with your outlook on the options equation.
Lets look at your scenario; say they supress the price over the next 3 or so months so that the options expire worthless.
This means that come 30 June, 2007 the only money they will have will be what's left of current funds, minus 3 or so months worth of expenses, which is likely to be significantly more than the previous quarter's.
It is fair to say therefore that come 30 June, they will possibly be sailing fairly close to the wind, or at the very least, looking to raise more funds near term?
Now...IF as you suggest it is "better" for shareholders if the price is suppressed to render the options worthless, do you really think those offered the chance to participate in any placement would allow the price to rise at this time...and in the process increase their placement price?
lol...not likely, in which case shareholders will see even more "capping" and the likelihood of a placement in the 8-9c range!
Suddenly 10c oppies don't sound so bad?
Cheers!
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nine lives...I think you may be shooting yourself in the head...
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