RE:RE:RCG NPV $95.6M George Young's group will make an offer based on the value of the company.
I image that George Young's stake in RCG is based on value, a good understanding of cash requirements, the consequences of share dilution via private placements.
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George Young has a $195,000 stake at 13.27c
see CEO insider info below
1,000,000 shares of compensation at 12c, $120,000
250,000 shares of compensation at 21c, $52,500
215,500 shares of investment in the public market at 10.25c, $22,000
1,465,500 shares at 13.27c
Total $194,560
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Notes:
George Young also 1,100,000 options with an exercise price of 20c by October 16, 2020
if exercised $132,000
Granted 9,250,000 stock options to its directors, officers and selected employees. The options have an exercise price of $0.20 per share and are exercisable for a three-year period ending October 16, 2020.
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CEO insider
https://ceo.ca/api/sedi?symbol=RCG&amount=&transaction=&insider=Young