TSXV:KUR.H - Post by User
Comment by
snowtracon Jul 25, 2007 11:59am
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Post# 13148005
RE: Look Communications grants 30-cent options
RE: Look Communications grants 30-cent options>>The 250,000 options were granted to Jason Redman, Look's CFO.
He can not exercise the first one-third until a year from now, the second third until two years from now, the third third until three years from now.
I'm a bit puzzled: does Look really intend to remain in business that long?
ck<<
Could there be a possible partnership brewing? Or perhaps there is some kind of side clause that wasn't in the news release that allows for them to be vested early in the case of a sale? Perhaps when Peter puts out the news release regarding the injunction he'll update us on what's happening? I mean really, why would they issue options with those terms if their short term goal is to sell the company....or is it? Questions Questions Questions. As the saga continues (LOL) it sure would be nice to have an update informing us as to what's going on.
snowtrac