Cornerstone Capital Resources Inc CTNXF

Egregious

[BSdetector2016]

21-15 - Cornerstone Grants Stock Options
Ottawa, ON, Canada: Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (OTC-CTNXF) (FWB-GWN1) reports that the Board of Directors of the Company has approved the granting of stock options totaling 490,000 options to directors, officers, consultants and employees of the Company effective August 10, 2021. These options have been priced at $4.00 and have an expiry date of August 9, 2026. As per the Company's Stock Option Plan, these options vest in three equal tranches over an eighteen-month period from the date of issue.

[ClockKing11]

Frustrating to see the dilution, but is likely to be in the range of what other company compensation packages offer.   I'd think at least it adds cash to the company's coffers as money available to spend as stock options are purchased

[BSdetector2016]

They have done nothing to earn these options. It's just a waiting game now and they are feeding themselves.

[ClockKing11]

Well, hopefully they are chasing down prospects or buyers for existing consessions and are actively participating in advancing the sale of Cascabel.    Worse case is they are just flying paper airplanes across the room, but they do have some compelling work to do that could bring in a sparling payday for the whole gang.   Sept-Dec. often seems to provide a window of increased