RE:Stock Options....I do not think that this news will have very much effect on the SP. The only thing that has changed is that the fully diluted share count increases slightly, but since I expect no less than 10,000x growth (hopefully 5-10 times that) this was good news. These shares are going to people with a vested interest (strong hands). In the short term, I want about 450,000 shares myself, but in the long term I would like millions. And after I buy millions of shares from weaker hands they will not be back on the table until at least 2019. My reasoning is that I expect recreational sales to begin some time in 2018. I think that it is unwise to sell until at least a few months of revenue reports from the LP's and so this brings us to about 2019.
Everyone knows that the (cigarette) smoking population has been in decline for a long time. Those companies are worth $140B, $160B, and they only have one product. We have seen investors flooding into MJ and all of the stocks rise, but what about going forward? Most of the companies are still penny stocks. You just wait until CGC and technology companies like this oneis added to a major index. What about hemp (paper, clothing, fuel, ...)?
If the price goes down then it will allow me to easily scoop up millions of shares. With the low float, it cannot go down that far...not like it was before. All that I need to do if I accumulate that many is sit on my hands and the price must rise. I work for one of the largest, most diversified oil companies in the world and times are good but I do not expect them to keep me forever. That was never part of the deal. I have my own project that I could use some help with to bring it to an untapped global market, and maybe I end up over at Calyx. Me and some of the developers over there could spin-off a company or maybe we add the value to Calyx since I am already highly invested.
The short and curly is that with Colorado and Washington and likley California and Canadian LP's implementing the software, these news releases are going to make us see shareholder value increase. Mr. Forde is excited, and so I am excited. This is the opportunity of a lifetime. Strong buy.
Earlyone_1 wrote:
Calyx Bio-Ventures to grant options for 2.5 M shares
2016-10-21 12:50 ET - News Release
Mr. Roger Forde reports
CALYX ARRANGES OPTION GRANT
Calyx Bio-Ventures Inc. will grant 2.5 million incentive stock options to directors, officers and consultants of the company. The options will be exercisable at a price of 11.5 cents per share for a period of 60 months.
The grant of options remains subject to the approval of the TSX Venture Exchange.