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01 Communique Laboratory Inc V.ONE

Alternate Symbol(s):  OONEF

01 Communique Laboratory Inc. is a Canada-based technology company. The Company operates two business units. Its primary focus is cyber security business unit focusing on Post-Quantum Cryptography (PQC). PQC is designed to operate on classical computer systems, while at the same time secure enough to safeguard against cyber-attacks from quantum computers. IronCAP X is a quantum-safe end-to-end email encryption solution, which is designed for ultimate email privacy as well as ensuring senders' authenticity to eliminate phishing. The Company provides IronCAP cryptographic engine to businesses of all sizes, allowing them to easily transform their systems to withstand threats from Quantum Computers. The Company also provides vertical solutions that utilize its own IronCAP cryptographic engine to ensure quantum safety. Its remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings.


TSXV:ONE - Post by User

Post by blue55on Jan 19, 2023 9:51am
126 Views
Post# 35232874

Let's discuss options.....stock options

Let's discuss options.....stock optionsFrom Andrew's mouth:
The board of directors of the Company has approved the granting of stock options pursuant to its stock option plan to certain directors and executives of the Company to purchase up to an aggregate of 1,285,000 common shares in the Company. The options will be granted on January 20, 2023 and will be exercisable for a period of four years from the date of grant. The options will vest over a period of two years, with 321,250 vesting on each of July 20, 2023, January 20, 2024, July 20, 2024, and January 20, 2025. The exercise price for each option will be equal to the closing price of the common shares of the Company on the TSX Venture Exchange on January 20, 2023

I THINK IT IS A FAIR BET THAT "SOMEONE" BIDS DOWN THE LAST SHARES TRADED TOMORROW, TO AROUND 10 CENTS OR LESS......NOT SURE WHO THAT COULD BE.....BUT IT SEEMS FUNNY THEY'VE PICKED ONE DAY TO BENCH MARK THE OPTION PRICE.....INSTEAD OF THE MORE TRADITIONAL 3 MONTH ROLLING AVERAGE.

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