RE:RE:RE:RE:RE:RE:RE:Example of PR for Proof Of ConceptThe exercise price on the options was a very low $0.26 and that never changes. So if she exercised them next year, it would still be the same exercise price. I am not tax expert on exactly how Canada determines what taxes she will have to pay so perhaps someone else with that knowledge can offer some wisdom on that front. All I know is the overall tax hit is about 50% or so as I believe the cost of the options is regarded as income. In this case, that cost is quite low because the option cost is so low. Again, I am not 100% sure how the tax liability is calculated. But what is obvious is, whatever tax hit she is going to take, she is taking it in 2022 rather than 2023. It seems to me it would be in her best interest to postpone that tax hit until 2023 but she chose to take it now. Now, since I think it is likely a small tax hit, she probably just chose to take it in 2022 to make a statement.
Now, we don't know if we will soon get an update from Sedar showing she sold some or all of those shares. So, that could change our assessment if that happens. For now, it looks like she is sending us a positive message about TH.
Lee430 wrote: I thought there might be a tax advantage in exercising options when the current SP is low?