RE:Altamura agreement I have question regarding the option, after all the back and forth that has recently been happening on this board and maybe someone would be so kind to clear this up just to avoid confusion:
It states in the option agreement that the company holds the exclusive option to acquire, for a three-year period from the date of the option agreement, the 39.8 million issued and outstanding common shares of Altamura not owned by the company...
does this mean that
1. within those three years the company can exchange as many shares as needed and then be the legitimate owner without having to return them or
2. the company will only be able to hold the exchanged shares for three years and after that everything will be reversed?
I don't seem to be the only person confused with the wording and maybe someone with a bit more experience could clear this up.
Thank you