Hi Nuna, I love your optimism. If I took a $500,000 bet against you, I'd win either way! The bookies would love you! LOL. Seriously though, by this time next year there will be at least 1,500,000,000 shares on issue, maybe 2,000,000,000. At .25c/share that would make it a 1/2 billion or so company. The company is going to have to chalk up some very big wins for for it to go from a less than $20mil company to a $500mil company within a year. Wish it would, not impossible, but not very likely until there are definite volume production contracts signed. Will they come within a year?
After the announcement last week, I have decided to take up my options (I'm well into the top 20 of option holders) and plunked down a not insignificant amount to take up the options available to me. I reason that there is a fair chance that they might at least get up to .002 or .003 within a year and a half, so it's not a bad bet to at least double my money or sell half and wait and see what happens to the rest. The only problem might be is if there are not be enough option holders for the options to be listed, in which case there's a high chance it's money down the drain.
BRR, I know you are angry and have a right to be (as don't we all if we are long term holders), but if you've got a options to take up, perhaps you could divorce the negative company sentiments from your decision and treat it just as a short term financial bet and risk a $1+ or so to turn it into $2+ or maybe even a little or a lot more. One would expect there to be at least some good announcements within a year and there is then likely to be buyers who would take a punt on options at .002 or .003 (maybe even .01) and it's likely you can at least make a few dollars back - so it would be doing us all a favour to participate in order to give the options a better chance of being listed. Cheers.
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