Post by
largeinvest on Sep 01, 2016 9:53am
6c options?
When the stock closed at 8c?
Comment by
stuntzz on Sep 01, 2016 10:07am
is that good or bad in your opinion?
Comment by
largeinvest on Sep 01, 2016 12:19pm
If you like your shareholders you grant the options at the same price your stock closed at. 25% discount is a slap in their face.
Comment by
smithgee on Sep 01, 2016 12:30pm
Pretty standard and considering this stock was at $.025 cents a couple of weeks ago pretty good for shareholders. I suspect they had to get this done quickly before the price moves higher, which given all the trading desks are back fully staffed next week the wait might be shorter than you think. Interesting a buyer from CIBC wants 500K this morning at $.075.
Comment by
stuntzz on Sep 01, 2016 12:33pm
Thanks gee Yes that is very interesting. Must be somewhat safe betting here if someone thinks its a good idea to bet 37.5k