Edgewater Wireless Systems Inc V.YFI

IMHO

[leodevoe]

Issuing in the money options is such a greasy move.

[Pandora]

Just for the purpose of helping a guy like me who nevers follows anything to do with options: These options are exercisable at 14 cents and 1/3 of them are vesting immediately. Vesting presumably means the "exercise" transaction is available immediately? That suggests a person who received 90,000 options could then tomorrow purchase 30,000 options at 14 cents each to have the ability

[Brian78]

Pandora, that is the understanding I have of the options. With the recent placement at 11.5 and 13 cents the options are at 14 cents. Maybe the greasy comment would be warranted if they were say at 10 cents.

[TEE1]

It's not a greasy move .??? Options when exercised put money in the bank and in this case if they went to actual employees give them incentive to work torward moving the price up .. it is very important to have options for key employees with tech co... the funders live it if there are people working for incentives. this is good thing ... 

[TEE1]

The bad thing is should have happens years ago for key employees not directors 

[lscfa]

Dumbass assumption that the date of the NR and the date the options were issued are the same. The stock closed at $0.14 on April 21. Wait and see what the expiry date is for the options in the next fins.      

[leodevoe]

Well dumbass maybe the company could for once provide full info. I guess that's asking too much.  On a related note I chuckled when I saw them justify the awards by saying they haven't received any since 2019. Usually options are awarded based on positive performance at fiscal year end as part of a bonus package, not as a thank you for showing up. I guess participation trophy's

[Pandora]

  "I guess participation trophy's are part of the incentive plan at yfi." I'll run off topic on that comment as it's sort of the flavour of the day in politics these days. RS will identify. :-)) Isn't that the whole new platform being pushed by the governments these days? We have so many people that are struggling to meet high standards we just have to lower

[digital130]

Yfi protects there employees and takes care of them.  There is alot to be proud of. They obviously have some intelligent minds working there and its in there best interest to award them. Yfi at anytime can come up with several multi year deals in the tens of millions. Take care and dont stress yourself out.

[RoyallyScrewed]

You forgot that no one get's sick from Covid, and old age is just a myth. 

[bigcomeback]

Thank God for that!!

[digital130]

Not being tesla or bezos is  a good quality.as a person.  tesla only makes money on tax credits and posting crypto currency on twitter.  Short short for the fun of it. When volume dries up they will have to take it higher if they want shares. Have a nice day. 

[Pandora]

To the end of April in Canadian Insider: As of 11:59pm ET May 1st, 2021 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Apr 5/21 Apr 1/21 Imrie, Brian Crompton Direct Ownership Common Shares 16