PyroGenesis Inc T.PYR

This is what is happening

[fdfd12]

The CEO is selling shares from perhaphs $6 all the way down to .97 today and
he is buying options  for  less than $1 throught the years.
This is diluting the shares where before we had 150MM shares and now we have 172MM shares.

This is NOT FAIR to us.
Some of us have paid over $5 or $10 for our shares in the meantime he is selling at $5 and buying at less than $1 and dilluting.

Comments please.

[WOTALICA]

I agree Peter is selling shares, this has been discussed before. However, Options are not dilution.

[fdfd12]

Then why has the share count gone from 150MM to 172MM? Taken from this web site which you can check out. https://www.investopedia.com/ask/answers/06/dilutivestock.asp Exercising stock options is dilutive to shareholders when it results in an increase in the number of shares outstanding.

[WOTALICA]

Humm...  interesting, I didn't think dilution was possible without share holder voting on it. My average is $5 aswell. Sucks I know.

[sorrenson]

Last AGM they voted for a 10% , 17 million share incentive package. Best part the same AGM the CEO said there would be no further dilution then they passed that  motion and the shareholders did vote Pascali and a close knIt clan have 52 % .. How else do you think he gets 10 million compensation?  

[Casavantsghost]

So what your saying is: (and the corporate bootlickers who slither here, CEO and Agorascam WON't ask) Sir Peter, given the moribund performance of your company's earnings, do you feel your self voted for compensation is justified as it further dilutes your shareholders value thus diminishes interest from institutional buyers? 

[sorrenson]

    It is better to reamin silent and be thought a fool than to speak and remove all doubt....  

[WOTALICA]

Oh please, educate me then.