Missed this News ReleaseHmm...very strange. I just found this news release from this morning. I say strange, because my normal sources should send me an automatic notice for all news from GBB. This one has not been received. I found this elsewhere when snooping around.
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I do hate it when companies do not use their normal service to release news that shareholders may not like. In this case, more cheap shares for insiders.
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2010-06-21 08:42 ET - Options Proposed
Mr. Frank Basa reports
GOLD BULLION DEVELOPMENT CORP. GRANTS STOCK OPTIONS
Gold Bullion Development Corp. has granted incentive stock options to directors, officers, employees and consultants to purchase a total of 6.4 million common shares in the capital of the company, exercisable at a price of 46 cents per share for a period of five years, subject to regulatory approval. Of these options, 300,000 were granted to San Diego Torrey Hills Capital Inc. and 735,000 were granted to Progressive IR Consultants Corp., both of which provide investor relations services to the company. Those options granted to investor relations providers will be subject to the vesting provisions of the TSX Venture Exchange.