Atlas Salt Inc V.SALT

The news

[Liked2Think]

I take it as a good sign of the price they put the stock options to.

Why do it now though?

1. A reward to employees before things go up and up.
2. They need some more money but employees know things are sitting good so of course they will buy in which again will be seen as a win.

thoughts?

[Zephyr]

This can be somewhat normal course. However, I think the fact that they include employees here is so that all involved have the opportunity to participate, if desired. As well, when all employees are able to participate in the plan a company is able to use tools such as stock option loans without any tax conquences,etc., if they wanted. As well, they probably just tagged the additional officer

[TeamEddie]

it looks like what is known as spring loading as you notice the options are at $2.35 20% higher than current share price which only makes them money if the share price is over $2.35 so a very big positive  spring loading is giving options before news and as we all know F/S is expected by year end  https://www.investopedia.com/terms/s/spring_loading.asp

[Liked2Think]

Well I guess that answers that.  Little puff up 8 cents then right back down.  Guess the news wasnt all that great then.  The pumpers should went off about it on ceo though.  Surprise surprise now they dont want to talk about it and "move on". Move on to what?