RE:RE:Great Q1 results, but what trickles down to shareholders ?Options dilution - for just the 5 executives on page 10 of 2021 Circular, just the options listed total 2.796m. Add 690k for ones issued March 15, 2021 and total becomes 3.486m.
This does not include director and other employee options. Just the DIrector options on Page 16 total 527.5k, so combined total is 4,013,500 options.
But what's a liitle value off the top, especially when comes at expense of disorganized public shareholders, who are not often paying close attention?
And is it believable/ acceptable that management had no idea of how good 2021Q1 was going to be when options were issued on March 15?
No idea at all of the amount of contracts and revenues to March 15?!