SHC sunshine heart, inc.

nov 2014 options

  1. 16,962 Posts.
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    170m 3.2c AUS options will expire on 7th dec 2014 , i have some of these, would i be paying for them in Aust dollars and sending them a cheque in AUS dollars . 850,000 common shares will be issued and AUS $5.4m raised if all exercised . I assume because the options were issued in Aus currency i would pay for them in Aus currency and receive the common shares or would i have to pay them US dollars being they are a US company now which will cost me more because of the currency exchange . At 3.2c AUS without the currency exchange i would be paying $6.40 per nasdaq share but if i have to give them US dollars i would be paying $7.15 , hopefully price will be higher by dec so the options are well in the money and the company gets the extra dollars.

    Cant get any info from SSH as they ignore me.
 
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