Increase of Options from 10% to 14% of outstanding SharesThis is discussed in the Management Information Circular. It would increase options issued to insiders by about 2.9 miilion. They say it is needed to match peer industries and retain and incentivize key personnel. This resolution will be voted on. They describe the voting process and it sounds legit.
Is this a further sign that ONC expects a deal to happen?
Is an increase in options needed to properly incentivize say James Parsons and Johnathan Rigby?
Will increased options give further incentive for ONC to consumate a deal now?
Is this just another means by which the already well-healed insiders accumulate more for themselves at the expense of investors?
How persuasive is management's rationalization for increased options?
Let the free speech begin.