Looks like to me people cant get rid of there options quick...

Looks like to me people cant get rid of there options quick enough. The fact people are selling at 0.001 means they are unlikely to convert many of them

The strike price is 1 cent and conversion time line is quite short.

Heads would need to be comfortably up around 1.3 - 1.5 cents for people to convert them. Otherwise folk will just trade them and make money that way like alot of other heavy registers.

Anyone paying 0.002 today is just throwing money away imo