Replies to post #112683 on Sarissa Resources Inc (SRSR)

[dmbao]

Well if those options aren't exercised at the time of the ST spin ex-date which the last or said would be announced by end of January, those shares wouldn't get ST shares. While ST isn't even close to what Niostar is I would think the holders of the 50 million in options would still want them.

Certainly management of the new entities could find another way to rectify that I suppose if hey were never exercised?

To me it's a sign over the past several years when folks said big things are right around the corner, blah blah blah I kept saying you will know things are finally ready to take off when the owners of those options cough up a million or so in real cash and exercise them.

It's just logical if you know it's a risk free or nearly risk free transaction you exercise when the outcome is unknown you wait. When they kept moving the exercise date forward, I think 4 times it was telling of where things stood. It was also telling about expectations IMHO as if they thought it would be years initially they would have rolled the date further out the first time?

So the options mean nothing in the scheme of amounts or shares but everything as an indicator of where things are headed and when IMHO.

[sarshee]

I believe the reason they haven't exercised their options is that they would eat up too many shares remaining and not leave enough available for others to purchase. We are almost maxed out of shares now, or were before the approved increase to 950,000,000. If they had exercised their options, we would have maxed out the 850,000,000 shares in the A/S. jmho

browndawg