Exercise of options.....3,725,668 options issued at 1.5 cents to be exercised at equal value with listed share price..... Isn't this dilution??? My Schwab account has my SSN position valued at .25 cents/share as of 10P.M. tonight... I'm still searching for the good news.....got shafted by USEG....hope this isn't a repeat!!! Any thoughts guys???
those =- 4 mil options were in austrailia where the sp is 20 times weaker than here .here that would read 200 000 options the effect on the share price would be a drop of 3c for 30min of one days trading.