RE:RE:RE:Info circular has been sent and several points stand out Lok what do I look like ? Investor relations?! Go ask Jaycee or Glen why they are on the board. I think someone is feeling frustrated again . That's ok we are all frustrated. It's just some of us don't lash out with attempted gotcha questions. Are you going to ignore that whatever they are doing on the board they are doing without a salary? Like every other insider except Glen?
Me thinks you already answered your share question when you posted the bullet points. Don't they have options program equaling 10% of the float? Didn't the expired ones roll over? Don't they have a bunch of years (I think your post said 10?). Does the rain in Spain fall mainly on the plains? All great questions. Email Glen or Jaycee and share with us what you learn lol.
To answer your question yes I love when I see a ton of insider ownership. Well to qualify that it depends on how they get those shares (awarded vs bought, bought at market vs heavily discounted, etc etc). While none of them have a ton of shares (I probably have more than 2 of them lol), I balance that with them not awarding themselves a ton of shares while we're in the basement. Even the options have their strike price well above current levels. So maybe ask yourself why they'd be on the board with no salary ? Clearly they must be thinking they're going to eventually have their options in the money. I like knowing one of the guys behind the German order has shall we say a very substantial amount of shares (all purchased with money not awarded). Clearly he/they think they'll do quite well (just using your logic about share ownership = confidence ).