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01 Communique Laboratory Inc V.ONE

Alternate Symbol(s):  OONEF

01 Communique Laboratory Inc. is a Canada-based enterprise level cybersecurity provider. The Company has two business units. Its primary focus is on its cyber security business unit focusing on post-quantum cybersecurity with the development and commercialization of its IronCAP technology. IronCAP patent protected cryptographic system is an advanced Goppa code-based post-quantum cryptographic technology that can be implemented on classical computer systems. The Company’s other business unit consists of its remote access business which provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings. Its IronCAP Toolkits are available to vendors and can be used by vendors to build secure post-quantum systems for blockchain, 5G/IoT, data storage, encryption, digital signing and comply with the PKCS#11, OpenSSL and OpenPGP standards. Its IronCAP X is a cybersecurity product for email/file encryption.


TSXV:ONE - Post by User

Post by blue55on Jan 19, 2023 9:51am
150 Views
Post# 35232874

Let's discuss options.....stock options

Let's discuss options.....stock optionsFrom Andrew's mouth:
The board of directors of the Company has approved the granting of stock options pursuant to its stock option plan to certain directors and executives of the Company to purchase up to an aggregate of 1,285,000 common shares in the Company. The options will be granted on January 20, 2023 and will be exercisable for a period of four years from the date of grant. The options will vest over a period of two years, with 321,250 vesting on each of July 20, 2023, January 20, 2024, July 20, 2024, and January 20, 2025. The exercise price for each option will be equal to the closing price of the common shares of the Company on the TSX Venture Exchange on January 20, 2023

I THINK IT IS A FAIR BET THAT "SOMEONE" BIDS DOWN THE LAST SHARES TRADED TOMORROW, TO AROUND 10 CENTS OR LESS......NOT SURE WHO THAT COULD BE.....BUT IT SEEMS FUNNY THEY'VE PICKED ONE DAY TO BENCH MARK THE OPTION PRICE.....INSTEAD OF THE MORE TRADITIONAL 3 MONTH ROLLING AVERAGE.

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