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rcaselli

09/12/14 10:18 PM

#10803 RE: malvern #10802

No offense, Malvern, as I am a LT bull here but the fact that a company has issued options at a strike price of $X.XX means nothing.

Many times a SP can fall below a strike price and they just expire unexercised/worthless as it makes more sense to buy the common than exercise a worthless option.

However in our case I do believe that $1.66 may represent a present enterprise valuation that is favorable for investment knowing where we are headed over the next few years.

MonestHind

09/15/14 10:42 AM

#10812 RE: malvern #10802

Hmmm.... I disagree. In my experience, that rarely turns out to be the case.