Just a thought!....instead of having to hold out their hand with another share purchase plan, they could drastically reduce the strike price to be more comparable to where the fully paids are at...as in give option holders the opportunity to convert a portion of their options at say 5c for example....(if sp was 5.5c at the time,so your getting a discount to current prices)....they raise funds, and option holders at least get something in return other than .001.....i know!..i'm grasping at straws,and it would never happen, but should run the idea by Uncle Ron...and see what he thinks .... PS..i got no funds to participate, but their must be plenty out there, that would be enticed to take up the offer
OEX Price at posting:
4.8¢ Sentiment: None Disclosure: Held