RE:TWD Insiders are trying to get rich off retail shareholdersGaiusOctavius wrote: Tweed Marijuana Inc. announces grant of stock options OTTAWA, April 4, 2014 /CNW/ - Tweed Marijuana Inc. (TSXV: TWD) today announced, pursuant to the requirements of the TSX Venture Exchange, that it has granted options to purchase 251,210 common shares to directors and an officer of the company. The stock options were granted pursuant to the terms of Tweed Marijuana Inc.'s stock option plan and are exercisable at $0.89 per share, being the value at which common shares of the company were issued in connection with the recently closed qualifying transaction with Tweed Inc. These grants are remuneration for such directors and officer for their services to the company. Stock option grants are subject to necessary regulatory approvals. About Tweed Marijuana Inc. Read more at: https://www.stockhouse.com/news/press-releases/2014/04/04/tweed-marijuana-inc-announces-grant-of-stock-options#YEJQ91z57g7WGCIx.99
Insiders are already giving themselves .89 cents per share stock options on Tweed. Then turn around and try and sell the shares to retail shareholders from $4.50 to $100 per share. They're already trying to get rich off the backs of smaller retail shareholders. What a farce this is turning out to be.