RE:RE:Canopy's Employee Stock Option Plan (ESOP)You should read their financial statements before making that comment. On page 2 of the Statement of Operations there is a line called "Share-based compensation expense" refering to Note 19 (b). For Q3 it was $40m and for the 9 months ending Dec. 31 it was $108.2m. What you may be confusing it with is that it is not a cash related expense (i.e. doesn't impact their cash balance), but it does hit the income statement.
provester wrote: It seems that you guys are once again misguided with your assumptions about the nature of finance. Employee Stock Option Plan (ESOP) are structured in a way that they do not have an effect on the income statement. They are not expensed, unlike their counterpart, Compensatory Stock Option Plan (CSOP). Think of them as similar to a convertible debt that needs to be excercised at a certain price. Of course at the discretion of the employees, this in turn raises cash for the company, but will have a dilutive effect.