Dear Davens,

What's so unbelievable about that to you.

You can compare it with a call option attached to the purchase of one share.

It is just like buying a call option with a strike price of $1.25 and you have 24 months to exercise the call option. You have the opportunity to do this yourself every day.

In the above case, you are not even obliged to buy a share at 1 $ first and you can use any upward movement to exercise your right at any time.

Think before you speak.