RE:RE:Just received ...
Perhaps this will explain ......It is always a big checkmark for investors to see management pay personally for a big equity interest in the company they run. Unfortunately, for a number of perfectly valid reasons, this rarely happens. Not everyone has the capital to be a large equity player in their own company (not the case here though); often times new management teams/people are brought in at a later point in the story where it is difficult to provide them with a seed position. To compensate for this, a rolling stock option plan is put in place where every year a certain number of options are allowed to be issued based on a percentage (often 10%) of the current outstanding share capital, minus those already in existence.