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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Comment by developbcon Feb 07, 2022 2:57pm
212 Views
Post# 34405892

RE:RE:RE:RE:HPQ Insider Activity

RE:RE:RE:RE:HPQ Insider Activity
bcsc wrote: Is he now going to sell some "to pay his taxes" BC ?


Possibly and usually the case.  As for clarity, warrants are not same as options. Stock option exercised in this case triggers a FULLY TAXABLE benefit which is equal to the difference between the exercise price and market value of the shares which is pegged as the previous last trading day closing price. You can NOT postpone the timing of tax payable.
After exercising(buying) the shares, one can either immediately sell the shares OR hold onto them but will still be subject to the triggered taxes payable.
 
Sale of shares re:capital gain tax are also applicable. So for clarity: The options exercised are immediately triggering a taxable benefit payable AND the sale of the shares is also taxable under capital gain plus proceeds needed to exercise the option itself..hence I have zero concern on sale of shares to execute this. 

But the director buying 25000 shares in the open market is definitely bullish. 

Long and strong HPQ!  
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