Post by
deepoil0808 on Jun 07, 2024 4:05pm
Stock options
The issuance of stock options does not inspire confidence as these options were given away at cost, with no premium in them.
I would have issued stock options (sat triple the amount or 3 million shares) but with one condition, they are exercisable only at $ 5 per share, meaning I want performance.
Giving employees options at cost, when they could buy it on the market themselves at same price, is not much of an incentive.
Looks like options were given away to try to keep employees intact more than as an incentive.
This is another very telling sign of pending results!!!!
My personal opinion,
Good Luck to Everyone,
Comment by
wallpaper2 on Jul 10, 2024 10:03am
VERY TACKY !! Gutless move by weak gutless Board.
Comment by
Nosleep on Jul 11, 2024 8:34pm
who cares, you either own it and win with them, or lose with them. Stock is do or die, under .50 cents if drug shows no results, so the options are worthless anyways at that point. If the drug works, then you should have bought the day the options were issued, at under 2.00. had you followed that lead, you'd be up 50% already and could have had a nice summer vacation. Boo f'in hoo.