Options have a strike price of $0.005
This means if you exercise you have right to buy 1 GMC share for $0.005
Therefore so long as you can sell GMC for greater than $0.005 you would exercise.
Problem is if all those 1.85bn option holders are thinking of doing this there will be a huge number of people selling which will push the price down
Hence I see the share price converging to $0.005...
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