clueless twits here..can they do math?Senergy has been retained for an initial period of four months commencing Oct. 11, 2023 CAN HAIRY APE GUY COUNT MONTHS?
EXPIRED Outside The Box's services will consist of marketing services to communicate to the financial community information - press releases and other Company materials - about the Company with the goal of creating more awareness and investor engagement. Outside The Box is a Toronto, Ontario based marketing and consulting firm dedicated to helping companies to keep shareholders informed and excited through digital means.
Outside The Box has been retained for a total period of 12 months commencing October 6, 2023. In consideration for the investor relations services provided by Outside The Box, the Company will grant Outside The Box 666,667 stock options, each exercisable to acquire one common share of the Company at an exercise price of $0.30 per share for a period of two years from the date of grant (the "Options"). The Options will vest in 4 tranches of 166,666, 166,666, 166,666 and 166,669 Options (each an "Option Tranche") on each of the dates which are respectively 3, 6, 9 and 12 months from the date of grant (each a "Quarter End"). In the event that the Outside The Box agreement is terminated in accordance with its terms, all Options which have not yet vested will expire and be terminated as of the date of termination of the agreement. The Company will also pay Outside The Box a fee of $50,000 per quarter during the term of the agreement (the "Fee"), payable in arrears as of each of the Quarter Ends; provided, however, that the arrangement is cash neutral to the Company and no amount of the Fee will be payable to Outside The Box unless it exercises the Options which have vested as of the applicable Quarter End. Outside The Box and its principal and Chief Executive Officer Jason Coles are at arm's length to Northern and advise they do not own any securities in the Company.
CAN SOMEBODY SPLAIN TO HAIRY APE GUY THAT $.30 OPTIONS ARE NOT DILUTIVE WHEN SP IS UNDER $0.30