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Streett

06/22/11 7:53 AM

#51181 RE: OBI #51180

Or does it mean they get to sell those shares at the option price of $.40 even when the rest of us can only sell at the actual price which is significantly lower at the moment?

CW
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makeamint2

06/22/11 8:24 AM

#51183 RE: OBI #51180

that's the price they have to pay for the shares. the company can issue the shares and hold a note receivable for the price.
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wilson3

06/22/11 9:15 AM

#51190 RE: OBI #51180

It means the shares are not worth anything until pps hits .40. But, they can be held for longer if the option holders think the price is going higher. .40 is just the base bench mark.