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Message: re-pricing of options to .10

re-pricing of options to .10

posted on Jan 25, 2009 10:03AM

Anyone out there in "Sno"land with any views about this most recent developement.

Perhaps the most significant is that it is an indication that the company still keeps "chugging" along and at least by using .10 as a baseline is expressing the view the it can envisage the share price as being beyond that level in the foreseeable future.

Would the next step be the release of some form of re-cap of 2008 activities or perhaps release of any information not yet made totally public?

I accept that many might view this as a "lost cause" or "total write-off" and at the moment there is not substantial evidence to refute that position. In my case I elect to see this as having "bottomed out" so what's the harm in at least examining future projections as long as there is some realism attached thereto.

Onward and Upward

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