Opko Health Inc (OPK)

[homeboy]

Smart move on Frost’s part. In looking at all his past options, many just granted to him and others at pennies on the dollar he made a very smart move for himself. In negotiating a private repurchase of some 50 million plus shares back to the treasury of the company he essentially may have sold much of those cheap option purchases. I believe he did and made money, then turned around and had his investment on the new notes to be able to purchase more stock at $1.15 or cash with interest. Win win for him.
He has nothing to lose on that note transaction.