matchbox20,
I believe there is about 600 million options to be issued.
That could be a hint to the reason for the continuing selling of the heads. If the crowd that will get these extra options can keep the sp of the heads low, then naturally - the options will remain low also.
The unissued options will be issued for a minimum of .25 cents, but I reckon whoever is line to get them only wants to pay .3. The price will probably be decided by VWAP.
Why not give up say 50 million heads for 1c or .9 - still at a short-term profit of about 40%, so they can get 600 million oppies for a song?
GPN
greater pacific gold limited
