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Re: W&T Capital LLC post# 9809

Tuesday, 03/11/2014 10:18:52 PM

Tuesday, March 11, 2014 10:18:52 PM

Post# of 48316
Here's the thing...they didn't have to execute the option and purchase these shares right now. They could easily wait until later to purchase these shares because they have 10 yrs to do so. In my opinion it's very positive that they converted these options and purchased them at .80 a share. It's a discount but only 10% less than were we are now.

Still a strong vote of confidence in the direction ONCS is headed!!