Hey RF, this is really very funny. Again, you forget I know who you are - you casually say that I'm holding the company to ransom and speculate that it may be for personal gain, in essence questioning my integrity, yet you fail to consider one small point of hypocrisy; when you and your mates paid for your shares and obtained your options, do you think that you may have been holding management to ransom with the options? if as you say in a previous post, and I quote; they needed the cash to "keep the doors open", did your group see this as an opportunity to get more?
I actually have a bit of sympathy here for management, based on your post, you believe that they were in a difficult position and had to do the options deal. Were the options gained merely through the exploitation of a difficult situation? Nothing wrong with this, opportunities arise in different circumstances. A pity they didn't look at other avenues such convertible notes etc. but I'm far from an expert here so concede that there may not have been any other valid options.
Either way, as you appear to be pushing the litigation point, will you and your group give back the options to help the company move forward? In my humble opinion, any project interested will likely view approx. 300 Million options at .001, with the ability to exercise up to 2015, as a problem.
IMO DYOR
MOT Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
