RE:RE:RE:Board members invested 0$ in NXO Facts remain, Rich has no shares, has put zero capital in NXO.
Yes he has been rewarded alot of risk free options, so he is not taking any capital risk at all. Yes, he is worth all these options, if he and management can actually get NXO to show profit. I suppose that there is no reason for him to invest and risk his own capital when he has all these options risk free, if NXO succeds.
Board of Directors have put very marginal capital in NXO. (Paul sold shares at around 1 CAD to exercise options at around 15 cent (not sure of the exact prices). So no capital from Paul either, but on the other hand he hasn't sold any shares during the two price spikes either to profit from these spikes. He must have known wouldn'tt last long.
To my knowledge neither of them put any capital into any Private Placements done since 2016.
I wonder when Rich, management and Board of Directors will find the NXO share prices low enough, or are certain enough that Aliis has evolved sufficiently, to actually invest in NXO.
Both Rich and Meredith are connected to capital funds, so if they wanted they have ties with capital to invest in NXO.
IF Rich, Management or the Board will invest, that would be a testament of there belief in NXO. That would send a strong signal to the market!