GREY:VMSTF - Post by User
Comment by
mbgldon Mar 05, 2011 4:40pm
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Post# 18238854
RE: RE: Sudzie 191
RE: RE: Sudzie 191I got that part. So why not re-issue them at $1? Would show that management had the confidence that we will achieve that and even more. A little bit of greed showing through on management's part IMHO. When the options were first issued at a $1 the company was not worth as much as it is now(according to the market). Now that the value is being realized management gives themselves cheaper options?????? Explain that one to me.
They did a financing in 07 at $2. Is management going to those same people and offering them a do-over since the sp has declined?
Our sp is increasing but IMO we need to keep an eye on management.