OTCPK:GSFVF - Post by User
Comment by
Pharmancoon Sep 29, 2012 11:13am
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Post# 20427861
RE: Options
RE: Options Options were given to GASFRAC's executives simply so they won't quit during this interim period.
Hill is simply the interim CEO. HE is simply a CFO, not interested in the CEO position. I think the company is focused on working with the banks. GASFRAC is in jeopardy of having its loans called because the loans covenents have been broken due to the low stock price. They are also pursuing the sale of the company.