fwl options, page-4

I think it will get passed. This way the company gets $134,500 from the sale of options (26,900,561 @ 0.5c) which may put off another capital raising a few months at current burn rate. A lot of option holders would also be share holders and would probably rather keep their options if possible IMO. If it doesnt get passed, they would have to do a capital raising sooner and will probably issue more options anyway at a later date.