POET Technologies Inc. V.PTK

Options repricing

[lscfa]

2,219,797 options held by non-insiders already repriced.  4,933,561 options held by insiders to be voted on.  -- Vote Hell No --

[lscfa]

65% of insider options to be repriced held by 4 culprits. The finance dept (Mika and Barnes) should forfeit their options for botched fiancings.      Rajgarhia 412,400 Mika  765,000 Barnes 294,900 Venkatesan 1

[lscfa]

Who cares if these insiders walk -- Directors and finance nerds are a dime a dozen.     VP Asia Lee Director Ende SVP USA Kankipati  Director Charbonneau SVP Asia Jinyu

[lscfa]

Full list.....   VP Asia Lee 250,000 SVP USA Kankipati  250,000 SVP Asia Jinyu 250,000 Director Ende 71,062 Director

[wintersun10]

Can they please guarantee to resign with a NO vote? Please...

[maestrodrumboe]

Thank you for posting that.

[wintersun10]

These people and primarily the CEO want a YES vote or they will go? Really? "Management advises shareholders to vote affirmatively for the resolutions, which will ensure that key employees and stakeholders are incentivized to remain in the company in the coming years." Management is responsible for the mismanagement, now they want a do over? This is like Heads I Win, Tails YOU Lose

[maestrodrumboe]

Wow!! so lets just say if the SP goes back up to just 4.50,they  all stand to pocket MILLIONS $$$$$ by repricing.IMO, they should all forfeit their options until they prove their worth.Let them walk,if all other employee options have  already been repriced then it was disingenuous of Shooresh to threaten retail SH about employees leaving the Company.Plus if they reprice they would have

[wintersun10]

Right. Vote early, Vote often. NO...

[lscfa]

These bloody employees did not accept stock options in lieu of salary out of the goodness of their heart. They were deferring employment income and its taxation. Some of the options were granted as far back as 2016 and were in the money multiples times so could have been exercised for a profit. Dumb, greedy employees blew it. 

[wintersun10]

Right they gambled and lost twice. First they were greedy and secondly they were a lot more incompetent than what they thought, which tanked the shearprice. And we are expected to take them serious now?

[lscfa]

Not many co.s grant 10 year options. Shorter time frames would have forced employees to act. Fire the finance dept. 

[lscfa]

The 3 new institutions will vote for the option repricing, probably hoping they can get their 5 yr warrants repriced sometime in the future.

[maestrodrumboe]

Yes! they have their votes...thats the way the crooked markets work my friend,you rub my back and i'll rub yours back..Plus,In addition to that, if you consider the additional shares added and issued from the recent financings,it increases the number of options available by millions more share to the 20% Cap for options authorized and available for management to feast on. point well made by