That's only the broker options. Look at the 3B, and you'll see...

  1. 21 Posts.
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    That's only the broker options. Look at the 3B, and you'll see there's a total of 145m options outstanding.

    The [email protected] is for the CEO and has conditions on when they can be exercised.

    All told, if we assume they all get converted, we're in a potential cash position of $10m, which should last at least 2 years one would think if we're going at a rate of $4m/yr. I imagine we'll have revenue coming in by then via licensing agreements, so hopefully we've seen the last of any capital raisings.

    Column 1 Column 2 Column 3 Column 4 Column 5
    0 {colgroup}
    1 {col=140x@}{/col}{col=100x@}{/col}{col=100x@}{/col}{col=100x@}{/col}{col=100x@}{/col}
    2 {/colgroup}
    3   Number Price Value Expiry
    4 Options 5,000,000 $0.05000 $250,000 16-Sep-2018
    5   50,000,000 $0.06250 $3,125,000 1-Aug-2019
    6   62,289,998 $0.03000 $1,868,700 30-Jun-2020
    7   28,000,000 $0.01755 $491,400 1-Oct-2021
    8 Total Options 145,289,998   $5,735,100  
    9          
    10          
    11 Cash held     $4,538,443  
    12          
    13 TOTAL POTENTIAL CASH     $10,273,543  

    In all, we've got world class technology, a world class management team, exponentially growing market expected to be worth $100B in the not too distant future. Take advantage of the low prices while you can, it's a strong buy for me.
 
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