OTCPK:TLSMF - Post by User
Comment by
shambano1on Oct 09, 2013 3:13pm
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Post# 21804191
RE:Not 6% purchase?
RE:Not 6% purchase?you are not a shareholder by owing options, I suspect he bought options to get more leverage on his investment because he feels good about their propects for asset sales and or JV's not because he plans to stir the pot.
BOD might meet with him but they are going to ask the same quesitons, why buy the options unless you want a quick flip and profit on a % basis will be much greater.
don't forget options expiry and if under the strike price are worthless.
I would love to know which options he bought? is it published anywhere?
GLL