That the option shortfall was 33% (6.8 million).At very worst holders had every opportunity to sell for cent or 2 in late trading rather than letting them lapse. Shows you the ignorance & stupidity out there.
Also staggered that Conglin Yue appears not to have been mopping up options in late trading.
Company received some criticism for having options underwrittn -well they have addit. $2 million in coffers thanks to underwriting.
The real winners are Pattersons & their sub-underwriters,who, assuming they sold at around 44 cents on Friday, are $950,000 better off + their 5% fee.
Bring on the next Month or two !!!
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