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Bullboard - Stock Discussion Forum ReGen III Corp V.GIII

Alternate Symbol(s):  ISRJF

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high yield base lubricating oils in... see more

TSXV:GIII - Post Discussion

ReGen III Corp > why stock options at .8 and not more for 2023?
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Post by canadian on Apr 08, 2021 1:03pm

why stock options at .8 and not more for 2023?

 Gen III Oil Corporation (TSXV: GIII) (OTCQB: ISRJF) ("Gen III" or the "Company") announces that it intends to extend the expiry date of an aggregate of up to 2,500,000 stock options, originally granted on April 1, 2019, from April 1, 2021 to April 1, 2023, and to reprice the stock options from $0.40 per option to $0.80 per option (the "Amendment"). 
Comment by lscfa on Apr 08, 2021 1:07pm
Duh, The stock price closed at $0.80 on March 23...
Comment by TurtleDove on Apr 08, 2021 1:21pm
This was a great move by the board which displayed confidence in Gen. 
Comment by canadian on Apr 08, 2021 2:04pm
If they had confidence, should have issued at 2$
Comment by madmax90 on Apr 08, 2021 2:12pm
amen. 
Comment by lscfa on Apr 08, 2021 2:29pm
Why didn't Ceilo mgmt issue options above market price?, jackass.  
Comment by TrickyNicky on Apr 08, 2021 2:36pm
Lol this is a stupid conversation, don't get sucked in... they could have locked in capital gains of $.40 per option or well over $1mm...  there was a better explanation on the ceo.ca board. I think Canadian is just salty he missed a $.90 buy in last week
Comment by canadian on Apr 08, 2021 3:34pm
Shut up jackass
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