TSXV:MRS.H - Post by User
Post by
rodneydangerfiledon Sep 24, 2019 1:56am
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Post# 30157617
NOT GOOD NEWS!
NOT GOOD NEWS!There are basically two reasons when a company offers options at the ongoing market price: 1) they must meet certain regulatory requirements. 2) they DO NOT have enough confidence in the company to exercise options at a higher price. I'm very surprised that they were not offered at 40 cents plus. These companies need access to monies to maintain operations, therefore, they price the options at the lowest possible amount to ensure they will be exercised. As previouslY mentioned...A REVERSE SPLIT OF 10-1 IS REQUIRED ASAP!