GREY:IPHAF - Post by User
Comment by
stockman6on May 20, 2003 3:33pm
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Post# 6103090
RE: teevee/baxpin.......option plan
RE: teevee/baxpin.......option planYour clawing match with dotcom aside, if you look at ISA's option plan, he is correct, and Teevee is dead wrong. You cannot re-issue options from the existing plan that have already been issued. Teevee either cannot read or is deliberately trying to portray ISA in a negatively light. In fact, I believe that dotcom, in this instance was being generous by saying that ISA's and PEY's option plans are similar. In fact, ISA is being much more forthright than PEY, with their new policy of expensing options, which is exactly what Teevee had been harping on for MONTHS as the proper way to treat options. PEY still is not doing this, although I hope they soon will, as I'm a shareholder.