The issues are fair enough I think given company circumstances....

The issues are fair enough I think given company circumstances. Whilst the options are "free", remember that the shares these investors have purchased are at .01 which is between 10% and 20% higher than the market price over the last few weeks. They could have bought quite a few of their shares on market for less than they paid the company. There are plenty of sellers at .009.

The options might be free, but they'll have to pay .015 for the actual shares, which will be another boost to the company finances later on. This is much better than the ongoing "suicide bonds" situation that you get with opbtaining funds from Duchess or similar organisations who get a 6% fee, plus a lower than market price - plus they usually sell many of their issues thus hoding the price down. These other investors are going to hang on because they have a very real incentive to see the price rise well above .015 so that they can make a killing in the future.

That these are even willing to invest fairly substantial amounts is I think an encouraging sign. As has been mentioned by others, I expect the company would be pleased if more investors did this. In the meantime, you can also buy on market at .008 or .009 for a discount compared to these investors if you want.

The latest CEO bulletin today sounds encouraging. I await the second instalment with interest. It may not be too long before MST is off and running and our misgivings will fade away.

I've loaded up on quite a few million options and look forward to regaining my (unrealised) losses when the sp goes up. What's good enough for Andrew Doyle is good enough for me!