RE:Excercise of optionsWe can still be in the blackout period and an exception may have been granted. I would find it hard to believe that we are currently out of the blackout period and others on the management / leadership team are not buying on the open market at these prices. At this time we may be just weeks away from announcing a strategic partner / financing etc., so not being in blackout at the moment seems highly unlikely. JMHO.
"Exemptions Individuals subject to a Blackout Period who wish to trade Company securities may apply to the CEO for approval to trade securities of the Company during the Blackout Period. Any such request should describe the nature of, and reasons for, the proposed trade. The CEO will consider such requests and will inform the requisitioning individual whether the proposed trade may be made. The requisitioning individual may not make any such trade until he or she has received the specific e-mail notification from the CEO that the trade has been approved."
"Extensions on Convertible Securities Certain exercisable or convertible securities, including stock options, issued to Restricted Persons and Employees may expire during a Blackout and such exercisable or convertible securities may be exercisable or convertible for a period of time, as determined by the Board, after such expiry date, at the sole discretion of the Board (subject to any required regulatory approval)." kakoo88 wrote: As per SEDI, Matthew Lauriston Starnes - Director excercised his options and got $200K shares.
For those of you who don't know this Director, here is a link to the news back in August 2014
Link to the news "Mr. Lauriston Starnes is a lawyer with over 17 years of experience and the capacity to work in all areas of law, including civil law, common law, contract negotiation and drafting, arbitration, taxes and permits and government relations" What I find bizarre is that Matthew Lauriston Starne had until August 7, 2019 to excercise his options. It seems like he did it on July 29, 2019 but it was only filed on December 1, 2019.
Are we finally out of a blackout period? Would this late filing be related to a blackout in the first place?
Are we getting some news soon? Financing? Partner? Permitting?
GO CRE GO! We want to be anywhere between $3 to $4 a share for 2020!
Cheers to all longs!