RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Have a think!! Ok NOTE and putting everything else aside for the moment, I have a serious question for you in regards to the options reporting.
As we already know , ONC management did not declare their Dec 13th 2023 options as either expired or exercised on sedi which is a requirement by law and the exchanges.
I contacted the company and they told me that they were in compliance and was able to find that the only way they can be in compliance and not declare their options is if indeed they are in a blackout period.
This is from one of their circulars which I found on sedar....
- This is the statement from the circular
The Stock Option Plan provides that if the expiration date of an Option occurs during a “blackout period” or within
five (5) business days after a blackout period, such expiration date shall be deemed to be extended to the date which is the tenth
- (10th) business day after the last day of the applicable blackout period.
So if the company is not in a blackout period as you suggest, would that then mean that they are not in compliance with sedi and tsx reporting rules and regulations....
Just curious as to your thoughts on this.