### Comment:
Ah so you're saying it's illiquid?

### REPLY:
No I’m saying the people selling the puts have no incentive to take on the risk of obligating themselves to buy shares at any level.  
  
 The company has a $1.2 billion shelf offering open. Assuming it all gets sold at this level ($0.10), each share would be worth $.002.  
  
 But in reality the shares won’t be sold anywhere near their current value. So the actual value of the shares will be much, much lower.

### END.