martin rogers - lighting another flame?, page-23

Maybe webral, it's a bit of a coin toss isn't it? Really who knows?

What I do know is that holding seems much easier of late and into the short term. Many CGPers have held since before July last year and feel this is just going back to where it rightfully belongs (in the fullness of time). The newcomers got on board at .004/005 or higher today and clearly see some upside.

You've raised some very good questions there. As things stand today, I say fortune favours the brave. I'm not sure I would have said that one month ago, so I can totally understand why one would want to play another day, as there is always an opportunity elsewhere in the interim.

True, right now, we'd all like oppies to be 1 for 1.

This SP isn't going to the moon tomorrow, but it's looking a lot better than it was at Xmas and that's important to me and I suspect many LTers.

As for the wording of the options - technically it's the same as it for shareholders who choose to participate in the RI. Note both MR & MJ recently participated in full in SPP so seems they have all bases covered. If I read it correctly the exercise price can't be below .012 (pre-consolidation), which is the same as what's offered retail. Also remember that RI is fully underwritten. Wonder why?

TBH I agree - I'm not sure that anyone EVER pulls one over the likes of Lind. It just doesn't work that way. Having said that, it doesn't mean that a win, win, win situation can't be negotiated with them if it's handled correctly.It's in nobody's interest if this goes belly up tomorrow. PRR may provide an exception to the rule you highlighted with regards to Lind, but granted its hard to ignore history.

No doubt we're up against it and its going to need some luck along the way. However, something tells me you won't be a stranger forever.