Lots of congratulatory comments but in essence I've asked the board to consider what they can do for long standing holders of KRZOA (expiry June 2003).
We got screwed along the way and I believe there are ways to aleviate this. Offer 03 option holders upgrades to 05 options for a price. At 0.1c, this would raise 387K if everyone took it up but it would give 03 option holders another 2 years and management another two years to get it right. Alternatively, offer all FPO and option holders (03 or 05) options for further 05 or maybe 06 options at (say) 0.1c which might be fairer to everybody.
At the moment, my 4.4M 03 options are worth jacksh.it.
Would appreciate comments but more particularly would appreciate representations to Eddie or other board members. There have already been some other than mine - so I'm not alone.
