RE:insider awardsI don't see what you are saying as true. Maybe for the old older option. But recently:"Jan. 20, 2022, Ventripoint Diagnostics Ltd. granted an aggregate of 1,725,000 options to directors, officers, employees, contractors and consultants of the corporation with an exercise price of 40 cents and with terms from one to 10 years and vesting from immediately to over three years. Of these option grants, 500,000 were awarded to directors and officers of the corporation. The corporation now has 4,096,590 options available for future grants under the stock option plan as approved by shareholders at the last special and annual general meeting on Aug. 9, 2021." Thats says spread out over 3 years. So they are. Looking at long term value. Glta
bluemoons20 wrote: Very nice to reward insiders with options under the market price.
However, to encourage them to work for their money, the options etc,. should be priced above the current market to provide incentive to raise the shareprice and benefit themselves and the shareholders , who are actually paying the bills.
This way they have a guaranteed gain and only have to hope the price does not go down but if it doesn't go up they are still OK.
If we do eventually get a buyout you can bet these 8 miullion options will be right there to pick up their gain. And this will further dilute the per share buyout price (if it exists)
GLTA shareholders