Options for DirectorsVendTek Systems Inc (C:VSI)
Shares Issued 46,164,461
Last Close6/29/2010
.43
Tuesday June 29 2010 - Options Proposed
Ms. Samantha White reports
VENDTEK SYSTEMS ANNOUNCES GRANTING OF OPTIONS TO DIRECTORS
VendTek Systems Inc. has issued options to certain of itsdirectors pursuant to the company's incentive stock option plan.
A total of 125,000 options were granted to each of ShaneMeyers, Garth Albright, Ian McKinnon, Gordon Glenn and David Wright. Each optionpermits the holder to acquire a common share of the company for 43 cents. Theoptions vest in equal parts over 18 months, with the first one-seventh vestingimmediately upon grant, and one-seventh vesting on each of the subsequent threemonth anniversaries of the date of grant. The options expire five years from thedate of grant.
? 2010 Canjex Publishing Ltd.
I didn't make it onto the conference call, nor have I had time to go through the statements. Anyone care to comment?