Keep in mind everyone, that along with their 700,000,000 heads...

Keep in mind everyone, that along with their 700,000,000 heads (which are to be allocated after the AIM raising, which needs to be done at under 3c to keep consorts (non variable) 700 million heads allocation under 20% of total issued), consort are ALSO getting 575,000,000 RRSO. so basically consorts (who are very important players) holding is split roughly 60/40 between heads and ops, if you were consort would you be happy for them to expire worthless? You will also notice that if everyone excersises their options (including consort) their holding will remain under 20%... (consorts ops (575mil) divided by total ops(~2760mil) = ~20%) its all been planned out months ago and the numbers worked out perfectly. SP needs to be less than 3c before AIM listing or the WHOLE thing goes belly up, so get some cheap stock, buy a few ops, sit back and wait for AIM.

And for the record, all this is sourced from the explanation of the EGM resolutions announced in september 06 (resolution 11), so its from an ASX announcement.