Buy 1m rmxr @ .001 Right to buy 1m rmx @ .008 and you get 500k rmxo. Total cost $9k Value of about $9500 with new options worth .003 Not too bad imo.
You are in effect buying 1 rmx and an 1 option at .002 by purchasing an rmxr @ .001
Oh well at least if you took your own advice you could write off the $9K as a loss against profits. One thing you (or I) didn't take into account here is the prospect of a failed placement. So risking $9K to make $500 wasn't such a great idea afterall matchbox considering this possibility? Maybe RMX should have mentioned the termination agreement terms of the 3 day under .8c price? Would have been better off buying fpo and hoping for a 1 click rise (over 10%) gain, at least now your investment is stil worth something.
RMX Price at posting:
0.6¢ Sentiment: None Disclosure: Held
