RE:RE:RE:Kelt has many things material happening....12 million options 6.1% of float Lind So for all the people talking about option farming, companies can issue options up to 10% of the companies float. Kelt has issues 12 million options, 6.1% of the companies fully diluted float.
The average exercise price of options to date has been $4.30, which put a lot of cash on the balance sheet when they exercise.
Other company have option plans up to 10% of the company float, and want to buyback 51% of the company stock effectively putting management in a 20% position just with option.
Kelt does not buyback shares so what you see is what you get.
MHP
IMHO