Ledenfrog

Sorry if I misled you - I wrote expired on my post because the options are now past the expiration date - DM may well have excercised the options in April or May when they were briefly in the money. Before the annual meeting of shareholders September 30th we will get disclosure again on DM's position in RVX which will tell the tale. The 52 week high was 3.13 so he may have increased his position in RVX - he could also have excercised and sold at a max gain of 3.13 - 2.44 there should also be disclosure in the upcoming report.

If I were in his shoes I would most certainly have excercised when RVX was in the money.

Chicagoest