Originally Posted by
sideline
I guess the exercise price will be adjusted accordingly - in any case they'll have to work for it (and shareholders) if they ever
want to get any joy out of those partially paid shares - the lowest exercise price is about 95c.
These preferential shares as i understand it have pr-been payed to 1 cent so far. { $1000 for 100000] shares
So at the rate the S/P descents at present, if the directors feel that the S/P for some hard to imagine reason should claim again to the rarefied high of 95 cents or beyond,can pick them up at the right time for who knows what.