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

HPQ Silicon Inc > More insider selling! isn't that awesome!

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Comment by developbcon Apr 12, 2023 9:35pm

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Post# 35391930

RE:RE:RE:RE:RE:RE:RE:RE:More insider selling! isn't that awesome!

pennymaker69 wrote:
hey smart guy. here a hint. THERE IS NO captial GAIN if he didn't SELL!!!!!

so ya.. there is not need to sell. Do you See BB selling ? nope.

it was a CHOICE for him to sell. AND he keeps doing all year long. Not just tax time.

Always posting negative twist. 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.

And pennilss always omit key factors...such as Patrick excercised 200,000 options x 2 for 400,000 shares ...4 months ago in December:

Filed 2022-12-26 17:33 Tx date 2022-12-21	$HPQ HPQ SILICON INC.	Levasseur, Patrick 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership	Common Shares 51 - Exercise of options	$24,000 +200,000 vol $0.12 each	2,153,875

Filed 2022-12-11 07:09 Tx date 2022-12-06	$HPQ HPQ SILICON INC.	Levasseur, Patrick 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership	Common Shares 51 - Exercise of options	$24,000 +200,000 vol $0.12 each	1,953,875