Ann: Investor Presentation, page-11

The options can be converted any time and in money options often are. The expiry date is irrelevant and I dont understand why you're so opposed to the possibility of several conversions being put together as we speak. The company can lodge a 3 b any time so its likely they'd want to do it en bulk instead of piece meal. I rang to find out but no answers the phone.

That aside, the behavior of this stock makes me extremely optimistic funds are on the way one way or another, so while you're fretting over their cash as if its a critical situation the market disagrees and holds an 18 mil market cap Very comfortably.