Bullboard - Stock Discussion Forum Cannabix Technologies Inc C.BLO

Alternate Symbol(s): BLOZF

Cannabix Technologies Inc. is a Canada-based developer of marijuana and alcohol breathalyzer technologies for law enforcement, workplaces and laboratories. The Company is working to develop delta-9 tetrahydrocannabinol (THC) and alcohol screening devices. Delta-9 THC is the psychoactive component of marijuana. Breath testing for delta-9 THC would allow employers and law enforcement to identify... see more

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CSE:BLO - Post Discussion

Cannabix Technologies Inc > The obvious step down,options set

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Post by SStoktikk on Dec 31, 2021 10:08am

The obvious step down,options set

Cannabix grants options to buy 3.68 million shares

2021-12-30 16:31 ET - News Release

Mr. Rav Mlait reports

CANNABIX TECHNOLOGIES GRANTS STOCK OPTIONS

Cannabix Technologies Inc. has granted 3.68 million incentive stock options to officers, directors and consultants of the company, exercisable at 55 cents per share for five years, of which 1.4 million options will be subject to vesting provisions.

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Comment by mylar1 on Dec 31, 2021 2:03pm

The management gang load themselves up with cheap options for the fantastic performance this year. Also 66% of the options are for unrestricted shares which will come in handy in case one of the ho-hum news releases drives the price up again. The options can then be used for free cash from the sheep Oops! I mean the loyal retail investors who, by the way, didn't do too well on the last news ...more

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