SharesFor those worried about Allan selling some shares... he has more to gain if the stock goes over a dollar. He and others got stock options back in 2011 at .10 which due to the spliit is now $1. For those new to SSS... for Peterson, and anyone holding for awhile... this stock has to hit WELL OVER $1 before a break even happens.... Who knows if he exercised his options, but I do know Peterson bought 10% of this company's shares, at a valuation today, at or near the dollar back in 2010.
From 2011...
"Stem Cell Therapeutics also wishes to announce the issuance of stock options to Messrs. Allan and Friesen. SCT has issued an aggregate of 4,350,000 options to purchase common shares of the company at an exercise price of C$0.10 per share. The options granted to Mr. Allan will expire no later than June 28, 2013 and the options granted to Dr. Friesen expire no later than June 28, 2016, in each case subject to applicable vesting provisions. These options were awarded in accordance with the company's Stock Option Plan."