Ann: Options Underwriting Over Subscribed-GPH.AX, page-32

I am a buyer, the way I see it hartleys are going to end up with the lions share of the $6mill, these options are expensive to convert 8 cents each takes alot of money and alot of risk right now to convert.

So once the options are done it's really hartleys job to get the share pumping as they will have alot in it, to clear $6mill for a small % profit on a stock like GPH is impossible you will never get the volume through, they will need to atleast double probably triple it to get enough momentum to clear that kind of volume.

I was following another stock and I saw hartleys run a similar play they took a $4mill placement then ran it from 4 cents up to 16cents in just a couple of months.

Things will look terrible right now, but it's the time to buy once the options come in the money is in the bank, they will get this project firing again.