The company has a choice. Either Buddy owners raise a pittance at a low price and dilute themselves. Or collect a LOT more by having those 20c options (which expire soon) exercised and raise up there.
Considering they turned down VC to list - I would say that they want to raise at high price and are looking to drive this price much higher. And I think they're just about to do it with a roadshow soon.
POK Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held