Post by
Luckierjack2 on Feb 08, 2022 9:03am
option issuance
Company issued 4.67 million options. Greed or a good sign? Anyone have any opinions.
LJ
Comment by
Canadian0620144 on Feb 08, 2022 12:18pm
Not greed, Options are only worth anything when shares are over $2.29ea, its a positive and will put $2.29ea cash into company. A non cash way to reward employees to reach goal of selling company. The negative is a non cash expense adjustment when exercised and a bit of dilution.
Comment by
Luckierjack2 on Feb 09, 2022 9:28am
If this gets sold in the coming weeks for a nice premium to the current market price, then its greed. Just my huble opinion. I also hope they get to make a nice premium as I own bunch of this stock. Good luck to all longs. LJ