Post by
tamaracktop on Jul 03, 2024 6:10pm
Maybe you don't get it
He can sell stock at 75 cents and simultaneously exercise warrants at no cost and put $1.5 million in the company coffers without costing himself a penny if he can sell 2 million shares at 75 cents.
If you think it will close above .75 in the weeks after July 17th, say so.
Comment by
Melida on Jul 03, 2024 6:13pm
No insiders are included in the amended terms
Comment by
tamaracktop on Jul 03, 2024 6:13pm
Meanwhile, he collects 10% on $2 million. The same as the other million. Can't bring up the rent. It was prepaid last year.
Comment by
Melida on Jul 03, 2024 6:20pm
But just to confirm, you're post about what Pascali can do with the amended terms of the warrants is wrong. Pascali cannot take part in the amended terms. He's an obvious insider.
Comment by
TOCKY8008 on Jul 03, 2024 6:34pm
Melida, Me think he exercised his warrants last years even if the share price was hovering around 1$ Maybe Dalesio_98 can find out. TOCKY8008
Comment by
tamaracktop on Jul 03, 2024 6:23pm
I wonder how he spent that 47-thousand something he got retroactively for unexpectedly high inflation. I wonder if the board had to approve that. Hahahahahaha
Comment by
tamaracktop on Jul 03, 2024 6:24pm
Isn't he getting around $521,000 now?
Comment by
Melida on Jul 03, 2024 6:27pm
I can't respond anymore today. You seem to be all over the map at this point.
Comment by
tamaracktop on Jul 03, 2024 6:28pm
Don't you see how seriously fd this is? The board has to approve his salary. The "Compensation Committee" to be precise. Is it just me or is there something seriously wrong with this equation. I'd investigate the whole board.
Comment by
CastlesBurning on Jul 03, 2024 7:12pm
As I see it, it's forming a new base here in the mid-70's. Seens typical of PYR. News will push this stock over a buck! JMO