There''s your answerAnother news release stating options re-priced from .50 down to .25.
Pretty tough to talk the Stock exchange into doing that when the share price is North of it.
I really have no problem with this type of thing. I do wish the expiry date was closer to close. That way the company gets an infusion of cash (assuming shares above break-even) without having to go the re-financing/dilution route.
With only 22 million outstanding at present, this company must have a very limited "real" float (as in those shares not held in mass quantity by insiders)
For those of you who did get in at the higher end of range this sure seems to indicate the old "average down" time. Have to state my own position in that I did not get in at the high end and thus am not far from break-even but I can understand the discomfort of those that did buy in the upper levels.
Onward and upward.