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EastWest Bioscience Inc V.EAST.H

Alternate Symbol(s):  HBOSF

Eastwest Bioscience Inc. is a Canada-based vertically integrated wellness company. The Company has a multitude of business units and assets that allow for seed-to-sale supply chain management. The Company sources its raw materials, processes, manufactures, tests, brands, markets and distributes its products to its customers in Canada, the United States, and other countries. The Company owns and operates retail and manufacturing subsidiaries. Its retail subsidiary is a Canada-based natural health retail franchise, the Sangster's Health Centre's, which is involved in the health and wellness industry. Orchard Vale Naturals is the Company's manufacturing arm that is certified with a Health Canada Site License and has GMP Certified NHP Manufacturing capabilities. Orchard Vale Naturals is specialized in custom blends and production runs of all sizes, small to large. Orchard Vale Naturals operates out of the approximately 34,000 square Health Canada licensed facility in Penticton, British Col


TSXV:EAST.H - Post by User

EastWest Bioscience Inc > Grant of Stock Options
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Comment by MJVigilanteon Jul 25, 2019 12:26pm
146 Views
Post# 29959620

RE:RE:Grant of Stock Options

RE:RE:Grant of Stock Options
OneTwoOneTwo wrote: Buying back shares from directors at twice the current value. Wonder who that benefits? This is sad. lol


That is not how stock options work.  The directors have the option to acquire shares from the company at $.15, twice the current value of trading.  (therefore not a taxble benefit )

They will only excerise if the stock gets above 15 cents.

Thus the benefit is to them if they can raise the share price above 15 cents.  which is my average cost or just above my average cost.  Wish i could put a little more in now to average down  but currently i am out of favour in the markets.  Good thing they change.
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