Surge Battery Metals Inc. V.NILI

FACT that NILI reduced options = MAJOR has approached them

[deepoil0808]

I was surprised by the news release today of NILI having reduced their stock options which were granted in December 2023 by 57%.

Companies rarely adjust this in such a public manner with a press release as material information.   It would have been adjusted internally and given that it was in the shareholders favor, no press release was required.

FACT that it was done in this manner, means that they were already approached by a MAJOR who is probably looking over their books and paperwork and noticed the error, wanting it fixed before announing anything.

In a previous company I owned, such adjustments were suddenly made and then 9 months later, a BUYOUT was announced.   If someone is interested in NILI they want clean financials.

NB:  Could be Telsa looking for a deal?

Good Luck, 

[eng41]

We will get more when they have more holes and 250 acre disturbance permit. I am willing to wait until they get a lot more ducjs in a row . Lithium prices are just starting to rebound. This time next year we will get a lot more than a buyout now

[Loughatorick]

I cannot locate any news release regarding cancelled options.

[Loughatorick]

OK Now I see the option info.