According to the Annual Report there are over 16 million exercisable options within 60 days of the report. A few have dropped off in July and August. Most are in the range of $1.40 and $1.54. Half drop off as of next June. Suresh has 6.4 million of those. 

Why do I point this out? Well I was debating as to what might happen to the stock price with the announcement of the Denselight buyer/contracts and where might be some limits. Getting much over $1.60 per share could put about $20 million in the bank from exercised options which I assume the funds aren’t there for those holding those options to buy and hold, especially Suresh. This means that the volume would have to go through the roof to sustain prices higher than $1.60 and above. There would at least be a stall in that area of price.

i would appreciate others thoughts on this topic!