Just so I completely understand the situation LF, you took up the placement for the purchase of dmcr? Now you have sold out your whole holding of the head but hold 1.1x as many options as you did heads and they all have long dated strike price of .002?
You're spot on IMO foghorne. Organic growth is what will really drive the sp over the st-mt. With the current cash balance looking for another major acquisition can only lead to more free options being given away and the sp going nowhere. IMO the current portfolio of assets have massive growth potential it's just a matter of improving the platforms and then pushing the products.
as much as I don't find the # of share issued attractive a consolidation without growth will only lead to the sp falling again. Let's see growth which will lead to a higher sp thus helping wipe out the placement overhang and excise of all these options helping the cash balance which will then assist with organic growth plus the option of acquisition.
QNA Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
