Bullboard - Stock Discussion Forum PACIFIC INSIGHT ELECTRONICS CORP T.PIH

Consumer Cyclical Auto Parts

"Pacific Insight Electronics Corp is engaged in providing electronic solutions to the automotive, commercial, and specialty vehicle markets. It manufactures & sells LED lighting products and systems, electronic control modules, and wire harnesses."

Add To Watchlist

TSX:PIH - Post Discussion

PACIFIC INSIGHT ELECTRONICS CORP > Thought this might bite the Directors in the A**

View:

Post by BCtech on Sep 19, 2017 1:24pm

Thought this might bite the Directors in the A**

https://www.stockhouse.com/news/press-releases/2016/11/28/pacific-insight-announces-election-of-directors-and-approval-of-new-stock

So here are the Directors giving themselves stock options when the recent news suggests that they were in discussions with another company about being bought for many months.

Is that permitted? I guess if nobody complains it's ok?

Does that mean that much more of the total purchase price goes to these Directors, not the average shareholder?

139