RE:RE:RE:David and Friends, let's set the facts hereYou don't know the price of the options he might be exercising , don't you read the board ?
its been posted twice by me . and i presume he will use some of the money to pay for the options but as is known by people aware of financial accounting the tax implications are the diff. between the option price and the share price when excuted is considred income so just possibly he is saving some of the sell proceeds to put towards his taxes.which will be a pretty penny.
The diff. in shares will be INSIGNIFICANT when contracts are announced .
Number of stock options Exercise price per option Expiry date
September 25, 2016 3,000,000 $0.18 Sep 25, 2021
November 3, 2017 2,409,000 $0.58 Nov 3, 2022
May 10, 2018 250,000 $0.52 May 10, 2023
July 3, 2018 300,000 $ 0.51 July 3, 2023
October 29, 2018 70,000 0.52 Oct 29, 2023
September 29, 2019 200,000 $0.51 Sep 29, 2024
January 2, 2020 100,000 $0.45 Jan 02, 2025
July 16, 2020 2,445,000 $4.41 July 16, 2025
October 26, 2020 250,000 $4.00 Oct 26, 2025