OTCPK:TLSMF - Post by User
Post by
cnaismiton Mar 28, 2007 3:26pm
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Post# 12506329
executive options
executive optionsYou missed my point - I said I had a loss (on paper) from the high before the split. I am a long time holder of TLM - I'm not talking about that - what I am upset about is the amount even an executive secretary who probable has little to do with the price of oil or the running of the company can cash in 10 million in Options. What did you receive by way of dividends? - did it amount to 10 million without having to pay anything for it except to be around. While other stocks have been on the move this one is being held to accommodate the buyback and you will probable see more options being granted before the stock moves higher. I wish I could offer to buy the stock at a fixed price without putting out any money and only sell if the stock goes up. The idea of Options being a great booster of executive energy is so much BS. Why not face the fact that it was probably some junior executive trying to impress the boss who came up with the idea and since it is a win win method of legally stealing money from the treasury - why not - who wants to kill the goose with the golden eggs.