Comment by
Captncrunch on Jul 17, 2020 4:54pm
I would say in the timeframes they state....that is a very low exercise price. We will hit a wall at .16 with 5million shares on market.
Comment by
ThatBigGinger on Jul 17, 2020 5:57pm
I dont expect any of them not to be exercised before october 2020
Comment by
Edcando on Jul 17, 2020 8:24pm
Just re read NR. The $0.16 incentive options expire in 5 years not October of this year. Were there other $0.16 options given earlier that expire this coming October? Doesn't really matter to me either way all I see is blue skies from here , but surprised me that I would have missed such a short options window in the NR. GLTUA
Comment by
ThatBigGinger on Jul 17, 2020 9:01pm
Those were the ones I was speaking of Ed, I just expect them to be long gone before the expected full launch of Tabletz in October 2020
Comment by
Captncrunch on Jul 19, 2020 1:17am
that is what I meant. .16 in 5yrs... I would feel better if they set the bar higher than that for that many shares and incentive for management. I guess that is still the 52week high range, so maybe that is why they chose that.
Comment by
Edcando on Jul 19, 2020 8:17am
They have until the expiry date to exercise those options. They could sell them or not sell them (they just become shares in their account like any other share.
Comment by
ThatBigGinger on Jul 19, 2020 9:21am
Then its blue skies short term, champagne and caviar long term! Here's to an exciting week to come.
Comment by
Edcando on Jul 19, 2020 11:42am
Here's to hoping! There's so much possible news I guess it can come at any time. Would be great to see news this week and catch any flippers off guard but it's not necessarily news next week. I think it's soon. This week or next . Certainly before EOM. GLTUA
Comment by
Captncrunch on Jul 19, 2020 9:56am
they can sell them for any price they like, but they don't pay for them. So it would make to sense to exercise...pay .16 and sell for .15 If the stock price is .50... they can buy at .16 and sell at .50
Comment by
Captncrunch on Jul 20, 2020 9:27am
I would have preferred a higher exercise price with a 5yr runway. But, I did phrase that wrong. They don't pay unless they exercise, if they do they pay .16. If they need money they could exercise below that generally options won't be exercised if they are not in the money. It is nice when they do not excersise at the .16...shows confidence if they sit on them until later.
Comment by
Captncrunch on Jul 20, 2020 9:31am
it is a ton of shares they put in options, and not a high price for what I would be aiming at in 5yrs. Hopefully they plan to sit on them until they break the 1$ mark. Market will hit resistance at .16 now though, and hopefully not them unloading options.
Comment by
Edcando on Jul 20, 2020 9:41am
I think you may be missing the point. The options aren't for setting a 5 year price target lol. It's to reward them now for the execution that's coming. What kind of bonus is $1 options when the price is $0.125?!!!!!! Lmfao
Comment by
VeritasVern on Jul 20, 2020 11:02am
Captncrunch, you do not know how options work. Unless you understand how an option works either dont comment or educate yourself. Thanks and have a nice day.
Comment by
Edcando on Jul 20, 2020 10:22am
"If they need money they could exercise below that" wait what? That makes no sense. "Exercising" an option is paying for it to get it. If they needed money why would they exercise below $0.16 (read PAY $0.16 when price is lower) if they can't sell them for more than $0.16? That just means they would lose money. .