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Message: Options-strike price....we are in the zone

Options-strike price....we are in the zone

posted on Oct 05, 2009 10:09PM
The following table summarizes the number of options exercisable at March 31, 2009 and the weighted average exercise prices and remaining contractual lives of the options.

Range of exercise
prices
Number
outstanding at
March 31, 2009
Number exercisable
at March 31, 2009
Weighted Average
exercise price
Weighted average
remaining
contractual life
Weighted average
Exercise price of
options exercisable
at March 31, 2009
$
#
#
$
Years
$
$0.09-$0.115 1,100,000 75,000 0.11 4.2 0.12
$0.145-$0.16 4,800,000 4,300,000 0.15 1.1 0.15
$0.18-$0.28 2,150,500 1,971,332 0.21 0.8 0.22
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