to catch a falling knife, page-2

From memory, this will not be the first time that options (EMS/Sud) will be out of the money. I personally don't care as most of the options are held by the Directors/Management and their close mates. I suspect that MS and SC considered the possibility that the options could be out of the money, and subsequently set up the performance options (as a back up) which extended out to a safe 2017 and at a comfortable price of around 7.2cents from memory…. Further, the recent $5mil capital raising at 3.6cents was possibly also in anticipation that the 5cent options were going to be out of the money…..

So it is pretty obvious to all, that the options will be forfeited (which I am reasonably happy with) as the company is now cashed up and I personally am not endeared to any further dilution.

As to where from here? I am a buyer for anything under 3.5cents and will continue to accumulate where I see the opportunities from weaker hands.

GolfR