RE:RE:David and Friends, let's set the facts hereGet serious man.
He is selling 765,00 shares at avg $6.
That makes over $4MM.
The options he buys are for perhaps.50 (not sure though).
Do you know how many options you can buy for $4MM?
Not all the $4MM is going for options.
He is also diluting shares.
If you remember a while ago, there used to be 150M shares of PYR.
Now there is 167M shares.
All because of option dilution.
Not really a good thing
HARJAY wrote: Why wouldn't he if he is raising money to exercise options at a deep discount to even todays S / P so he ends up with more total shares than what he had before he started selling.
Isn't that what the advance warning said he was doing, or did i read that wrong.