Abound Energy Inc C.ABND

Stock options have been granted by Zinc8

[allenjames]

To read the full news release: go to the rate and reply page and click on the live link:

@accesswire-zinc8-energy-solutions-announces-grant-of-stock-options

GOOD LUCK TO ALL INVESTORS.

[hdawgz1]

Good luck ever cashing in these options.  What a joke!  Company is currently worth less than 6 cents/share and probably closer to zero.  No working product, (either lab or demo) zero revenue, zero net income and no real indication of any future revenue or net income.  

[DavidelZorro]

These options would mean an extra ~4.5M C$. Hopefully in the coming years if the stock price performs well. I am curious about the exact meaning of consultants in this context, does this term include contractors or partners? To me 4,5 M sounds like a lot of money to be raised within the members of a (still) small company. Although if they have gone ahead with these options procedure they certainly

[hdawgz1]

DavidelZorro - do you even know what an option is?   Suffice it to say it raises zero extra monies for Zinc8 and it is actually a liability not a benefit.   

[nineply]

lol DavidelZERO is a real stock market pro!

[SoundGuyz]

@hdawgz1 - I see your bashing is in full force against the company as well as people who are posting on the boards.  Regarding options, you should consider catching up on some homework before opening your mouth publically.  https://hbr.org/2003/03/for-the-last-time-stock-options-are-an-expense @All - this is a great example of why you should believe everything you read on these boards

[DavidelZorro]

Thanks for sharing!

[DavidelZorro]

Also, employees will be able to exchange more expensive shares in the future for cheap ones at 0,62 if the cot does well and stock price goes up. A well deserved bonus. This will boost the morale and provide good encouragement for them!

[DavidelZorro]

Apologies for my wrong and misleading comment from the other day. I was wrong as options being exercised won't make the company raise money!