RE: MICHAEL HARRIS BUYS MORE SHARES!!!! Just some thoughts.
On January 28, 2010, this co. had 8 Million stock options outstanding.
TSX-Venture exchange found that approximately 10 Million stock options granted between April 27, 2006 and September 24, 2009 were granted below the minimum exercise price allowable by the policies of the TSX-V exchange, or were not publicly disclosed. These stock options were cancelled.
What is the minimum exercise price allowable (Route1) by the TSX-V policies presently? Maybe
.15?
Mr. Busseri was hired February 26, 2010.
Same day, a non-brokered private placement of 38 Million units at
.05.
March 1, 2010, 9,500,000 stock options were granted to and officer and a "consultant" of Route 1.
March 24, 2010, 12,525,000 stock options were granted to employees, officers and a Director of Route1.
April 7, 2010, stock option grant of 1 Million units granted to a "consultant" of Route1.
And how many more since April, 2010?
Maybe easier for Michael Harris to acquire shares on the open market at today's prices than exercise options? Does this mean Mr. Harris has strong faith in the company? "Direct Ownership" a surprise given his relationship with Englobe Inc.
How many shares are necessary for a Reverse Takeover?