RE:RE:RE:RE:Any update?Iscfa, just saying "Wrong" is a broad statement, what do you think I am i wrong about?
https://www.regenx.tech/news-releases/regenx-appoints-industry-veteran-bob-fair-as-vice-president-of-operations "On commencement of employment Bob will be granted 750,000
stock options with an exercise price of $0.05. The options will have a life of 5 years and 25% will vest immediately and the remaining vesting in 1 year."
Even if he had common shares to sell to pay for the stock options, he still had to use his own money. I ask again, what was I wrong about?
https://carta.com/learn/equity/stock-options/exercising/ https://www.empower.com/the-currency/money/how-stock-options-work#:~:text=A%20stock%20option%20is%20the,though%20you%20still%20need%20to "How to exercise stock options"
Once you are ready to exercise your options, you typically have several ways of doing so:
Cash payment: You can come up with the cash to exercise the options at the strike price.
Cashless exercise: Some employers allow you to exercise your options by selling just enough of them to cover the costs of exercising others.
Cashless exercise/sale: Some employers allow you to exercise and immediately sell your options at the current market price, which means you won’t have any ongoing exposure to any stock price volatility, and you won’t have to come up with any cash up front to exercise.
We don't know what way Bob Fair exercised his options. Do you know how? If so how do you know?
https://ceo.ca/RGX