Well that's $100,000 into the pot at least. I see some more in the sell queue at .002 - wonder if these are the oppie holders trying to turn a quick 100% profit.
Metoo said: "Wondering if this conversion means there is no or little improvement in revenue"
I would like to think that:
- the oppie holders don't have inside info as this would be a concern
- if that was the case I wouldn't think they would fork out the cash to convert at all. Not many buyers at .002 (although interestingly to date it has held there) so I would think it would be a bit of a high risk play if you thought the SP was going south ?
- the fact they are still converting is to me if anything a bullish indicator ?
Ann: Cleansing Notice - Conversion of Options , page-7
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