Datametrex AI Ltd V.DM

Employee stock option plan

[rollthedice10]

Nothing wrong with providing extra incentive to employees.
With " skin in the game " so to speak, this would behoove each employee
to go the extra mile. And they just might need to as things ramp up!
This is starting to get interesting..

[AmericanAkita]

Interesting?. Please I'd rather not watch paint dry at least it eventually dries. Over 3 years and still counting now.

[Citron]

Skin in the game would be $0.15 strike price vesting some time in the future.

[dirtydzn]

"The plan was approved by the shareholders of the Company and the board on August 14, 2023." Was there a vote I wasn't aware of? 

[Pandora]

At the AGM held on July 29, 2022 there was a 90% in favour vote for the "Options Plan". I have not seen any evidence of an AGM for 2023 so presumably they are suggesting it was approved by shareholders at the 2022 meeting. And we know votes for Options at AGM's are always a shoo-in anyway, so it probably is a mean nothing issue.

[MUTDMUTD]

...maybe it means nothing to us but timing I think is important because anyone can get shares at the $0.07 strike price right now... so it's really important as in get the news out before any other NRs that might shoot upward the SP... because it never goes over well if you approve 5M options at $0.07 each when the SP is say $0.30... know what I'm saying?... imagine what the bashers would

[Pandora]

Would this be a very similar situation that collapsed? Vancouver, BC - TheNewswire - August 15, 2023 - RT Minerals Corp. (TSXV:RTM) (OTC:RTMFF) (the “Company” or “RTM”) announces that the 1,605,000 incentive stock options announced on July 12, 2023, to directors, officers, consultants and services providers of the Company all exercisable at $0.15 per common share over a two year term will not

[dirtydzn]

 Yes, as of June 9th they put out this: The Company has granted a total of 31,500,000 options to directors, officers, consultants including Octagon Media, and employees of the Company, in accordance with the Plan. This initiative provides an opportunity for participants to acquire or increase their ownership interest in the Company through stock options. The options are exercisable at a

[Pandora]

The June 9 issue of 31.5M options is within a 12 month period from the AGM so presumably is a-ok? This new issue is outside the 12 month period and there is no announcement of a new AGM that I see. I don't know if there is a buffer zone or not.

[ibsn4512]

It's not what they said! "The plan was approved by the shareholders of the Company and the board on August 14, 2023"

[Pandora]

Maybe they had an AGM and just didn't announce it. :-))

[PendleStock]

The fact they're accepting compensation in form of stocks is a positive. They'll have to work harder since we are in this boat together now. If Everything explodes we share fate..

[scottrose]

Employees accepting stock options aligns their incentives with shareholders, as they benefit from increasing the stock price. This shows confidence in future growth. Having skin in the game will motivate staff to perform at a higher level, ultimately rewarding us through execution.

[rollthedice10]

I find the timing interesting and the fact these options are fully vested and.. a couple of years to ride these.. Hmmm.. Blast off soon? Money is a great motivator as we as investors know well. Don't think I'd want to be short DM right now. Just a hunch.

[MarketMaestro]

You raise an intriguing perspective. The timing and terms of this options grant do seem geared to incentivize and retain talent just before a crucial period for Datametrex. While skepticism is understandable given past issues, having properly motivated staff working hard during the AnalyticsGPT launch and rollout makes sense. If momentum builds, being vested could provide significant upside for