RE:SSL no longer has any ties to this company, that's bad.The information I see on Waterhouse shows SSL has holdings as follows:
Direct Ownership:
Common Shares 4,875
Options 9,397,293
Indirect Ownership:
Common Shares 1,583,008
Warrants 399,063
So - not sure what the options were granted at - so, whether or not he excercies his options or how many is unknown. The last 900,000 options granted on Nov 1 were at $1.86, but the accumulation would go back over years.
But if I were SSL and totally ticked at HExo - and given that he's an idiot, he'd do what he could to hurt the company regardless of personal lss. He doesnt need the money.
Rarbar99 - (11/21/2021 12:11:03 AM) SSL no longer has any ties to this company, that's bad. SSL no longer has any business ties to Hexo, which means he has no incentives to hang onto his shares. But If SSL sells a single share, this stock will tank even further the same way FaceDrive did when it's former ceo sold his shares.. You better be nice to SSL. There are a million ways Hexo can die and only a few ways it can recover. Do you favor your odds? |