8 cents away from being excercised and he drops the ball?
Ohhh, maybe the guy needed to pay for them in advance and knew he couldnt?? Call a rich uncle!! Maybe i'm just being merciful with that comment, but either its that simple or there has been a trade he has accepted that we will hear about later lol.
If he tried to excercise the 1.5 mill at 50 cents, it would be a $750,000 bill. That is the only negative in the mix that i think would bring cause for the forfeit....or a pending deal thats been offered to him.
Another question/thought is that if a company bought us out before June, then perhaps they wouldnt want loose ends like options on their books, cos it takes away some of their shareprice control in the early parts of a new owner.
Still,the share is holding up damn fine. Good work.
MAE Price at posting:
41.0¢ Sentiment: ST Buy Disclosure: Held
