much better at .001, is then cost listing imo at fair market...

much better at .001, is then cost listing imo at fair market value of equivalent .002 (V heads at .007/8/9)

Buying with the assumption on shareholder approval - the later strike conversion at 2c is a win win for everyone.

Leverage.  If it comes in with revenues / growth, would imo scream past the 2c conversion.  The bags on cost price of 0.2c, if say this goes to even

4c = 2c opps = 10x, Vs heads 6x (0.7c)
6c = 4c opps = 20x, Vs heads  9x (0.7c)
8c = 6c opps = 30x, Vs heads 11x (0.7c)