Philarmonic: I'm not sure that I've interpretted your post how you intended it, but today's closing sp doesn't necessarily nullify the options' value. If fmsoa were bought @ $.003, then the sp has to reach > $.103 for the options to have value. If the sp goes to $.15, that's a *paper* profit of $.047 per share. If you've got a few, that could be significantly more valuable than worthless.
fmsoa bought at a significant premium to the current sp (minus 10c ex price) are on shakier ground though.
Philarmonic: I'm not sure that I've interpretted your post how...
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