RE: It''''s a crap shoot folks!"What kept me around was seeing that the insider stock options are priced over $4."
You better rethink that idea as your main reason for holding this stock. From the "MANAGEMENT INFORMATION CIRCULAR". Posted on sedar.com 8/27/2007.
ARTICLE XII - CANCELLATION AND NEW AWARD OF OPTIONS
12.1 Subject to the applicable policies of the TSX Venture Exchange and in particular subject to subsection 5.1(b) of TSX Venture Exchange Policy 4.4 Incentive Stock Options, the Compensation Committee shall have the authority, at any time and from time to time, with the consent of the affected Optionees, to effect the cancellation of any or all outstanding Stock Options and Award in substitution new Stock Options covering the same or different number of shares of Common Stock. In the case of such a new Award of a Stock Option, the Option Price shall be set in accordance with Article VI on the new Date of Grant.
Check Sedar.com for the original
Regards,
SD