RE:RE:Quipt Home Medical Announces Corporate Update The last large option grant was April 2018. 49.77 million at $0.075 for 10 yrs. with a 1-for-5 and 1-for-4 rollback that means 2.488 million at $1.50. Actual balance at Dec was 2.6335 million so not many since 2018. I suspect many of the new options are going to new employees.
Tania Gonsalves
Okay. And you mentioned building out the sales team now that we're coming out of the pandemic. Could you provide any color on how many sales people you currently have and where you would like to scale to?
Greg Crawford
Yes, so we approximately now in that are somewhere in the mid-40s or so in that we would definitely like to see that, in that, at least a 50% increase in that when we exit the calendar year that will really be based on the pandemic, though, and how things really start to open up within the geographical regions that we currently operate in.
besttobe wrote: So announce bad news after hours on Friday. That was predictable. Millions in options and rghts granted, on top of the others they issued before. Now that this is out of the way, the good news should start to flow....so they can cash in and pad their own pockets.
In addition, the board of directors of the Company has approved the grant of 1,346,250 stock options and 953,750 restricted stock units under its 2021 Equity Incentive Plan to eligible officers, directors and employees and consultants of the Company. The options are exercisable at CAD$8.48 per share vest over three years and expire in ten years. The restricted stock units vest over two years and will be settled in Common Shares.