b9molecule...Just received a reply from PDEP's DeDe Sheel.
Hi Aussie,
I apologize for the delay in responding. I was out of town last week.
You are right, that would be a lot of shares to hit the market if all of the options were exercised.
The Company is hoping to have some news regarding one of its partners in the next couple of weeks; hopefully this can help counter any pressure on the stock price that might come from the exercise of the options.
DeDe
DeDe Sheel
San Francisco
One Front Street, 16th Floor
San Francisco, CA 94111
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Hope this helps.
G' day Mate,
Aussie
Australia is a beautiful place with wonderful people that just love Americans. You've got to go there some day. Give it a go Mate.