Bob, the board would not care less if the share run or not right now, they do not HAVE to exercise the shares, they'll do that in due time, once the stock is magically hyped up to the equivalent of $.10 or so. By the way, after the reverse, everyone here, be ready for the stock to take a beating. Nothing intrinsic with NAMX (as if NAMX did not have enough troubles), such declines are due to all the odd lots being dumped on the market after the reverse, who wants to own 42 shares (prior to that 4200) of something?, they sell it on the spot for whatever they can get. If we assume that by the reverse the current price is let say $.012, then the new price will be $1.2 and it will very rapidly decline to possibly under $.5 and who knows maybe even lower. So, for those stubborn investors still engaged in "averaging down", wait until the post reversal settling, then average down to your heart content.
Zeev |
