I agree that when I read the investor document, the first thing that came to my mind was that this was a very feeble attempt to bring some life to the SP.
Good on them for trying, but the reality is that they really should have done something real before now.
I have decided to let my options lapse and book in the losses because I just can't justify further investment in this company when I am not confident in their major project like I am with my other GEO.
I lost money on the other GEO's options too, but I am still confident in their project, so I was happy to put more money in.
GRK Price at posting:
0.0¢ Sentiment: None Disclosure: Held