RE: RE: RE: RE: RE: RE: RE: Poynt grants options t Options are the right to buy at a price, they usually have holding periods if purchased and most are non transferable. The share price has to appreciate above the option price for options to be of any value to the insider that has recived them. Today they are worth nothing, not 650 k, the hope is the SP appreciates and the insider has to actually pay for the purchase of them, in this case at .13.
It's a small amount of shares and at a reasonable price considering the days close, pretty sure they could have registered them at .11 very easily.
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Disclaimer: A lot of what I have written is not only forward looking but of my possibly biased opinion, as always due diligence your self and act accordingly, stocks can and do drop in value. Facts and figures should be confirmed if important to you.