RE:OptionsNorthern Taco,
You stated "The whole notion that an employee exercising options at any time equals bad is BS."
First, your strawman argument is intended to deflect from the obvious.
Those options weren't just exercised and the shares derived therefrom were not sold to just antbody at any old time. It was leading up to and just before the public dissemination of Q2/2024 financials.
If you don't want to acknowledge and unreservedly accept that indisputable fact, you would be disingenuous to say the least.
It matters not that NanoXplore "charged these options off as as an expense at some point in the past" and that "no cash left the business" nor that cash comes back as a result of Rocco Marinaccio's arranged for and company facilitated exercising of the options in question and the disposition of the resulting tranche of shares to a party or parties somehow benefiting from Mr. Marinaccio having done so.
What matters more is that what has actually left the company is much more important than the $500,000.00 which Mr. Marinaccio took off the NanoXplore equities investors table and the damage which was exerted over the period inquestion to the equity values of we NanoXplore "minority equities investors.
Here. i'll put it to you this way.
I contend that a broker dealer and persons being service by or on behalf of such a broker dealer had been busy selling short NanoXplore shares and that such interested parties required the tranche of shares sold by or on behalf of Rocco Marinaccio for purposes unfriendly to the investment equity positions of NanoXplore "minority" shareholders such as myself.
Can you prove otherwise? No you can not Northern Taco.
Here's the pivotally important question for you to seriously consider the answer to though.
Had Rocco Marinaccio not been facilitated by the company and by private broker dealer or dealers in exercising the very options awarded to him and had he not been facilitated in then dumping the entirety of the resulting vested GRA.T shares to the market and also to a privately acting broker dealer, having done so specifically leading up to and just before the release of NaoXplore's Q2/2024 financials, would we be discussing this issue at all today?
Whether you'll admit to it or not is irrelevant. Never the less, you do know what NanoXplore absolutely lost as a result of the actions in question having been undertaken leading up to and just before the public dissemination of the company's Q2/2024 financials. yes?
NanoXplore officers and directors and Mr. Rocco Marinaccio pissed away, and for a lousy $500,000.00 of company sabctioned and company facilitated idiotic greed to boot, whatever existing good sentiment remaining with the institutional investments community professionals and their respective clients.
The gd negative optics surrounding this Rocco Marinaccio enabled fiasco are now well noted by certain institutional investments community professionals and their respective clients. These are professionals and their clients who nearly took NanoXplore's share price into a nearly unstoppable death spiral downward only just recently. You do recall why the NCIB was approved of and then placed into effect? You recall what it was meant to try to prevent, yes?
Did you think that Mr. Soroush Nazarpour, at that time, coming in at $2.00 to purchase NanoXplore shares was going to be enough to hold back the retribution which was being exerted upon the GRA.T share price?
At that particular juncture, retail shareholders like myself did a heck of a lot more than Mr. Rocco Marinaccio cared to do recently in supporting the NanoXplore share price, doing so by not selling and actually buying a shipload more NanoXplore shares. All he had to do was to keep half of the shares vested of after he exercised the options in question. GREEDY Mr. Rocco Marinaccio.
Enjoy your lousy $500,000.00 dollars Mr. Marinaccio, you and the company officers and directors just managed to place a bullseye on NanoXplore's previously remaining ability to attract both the attention of institutional investments community professionals and their respective clients towards purchasing an equity investment position here with NanoXplore.
These kinds of shenanigans being allowed to occur just before and leading up to the public dissemination of the company's quarterly financials tell the market everything they need to know, which clearly puts a shadow over everything successfully achieved by or on behalf of tNanoXplore to date.
Pat yourselves on the back, you really (not) deserve it I tell ya.
What's next? A $150 Million NanoXplore equity offering at $2.00 per share?
i wouldn't put it past these greedy . . .