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Re: options

By: Cactus Flower in ALEA | Recommend this post (0)
Tue, 23 Apr 13 12:20 AM | 83 view(s)
Boardmark this board | The Trust Matrix 		Msg. 13358 of 54959
(This msg. is a reply to 13356 by DigSpace)
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i am not sure if it is tied to the rs. i think he just gets more the lower the stock price goes.

75k expire at, say, $2.40. he gets 300k at, say, 60 cents.

or are you saying he gets 300k post-reverse-split?




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The above is a reply to the following message:
Re: options
By: DigSpace in ALEA
Tue, 23 Apr 13 12:07 AM 		Msg. 13356 of 54959

its the granting of new options not the renewal of old. The old ones have been diluted (he has some 75k expiring this year ... he is being granted 300k. The granting is adjusted up to compensated for dilution. renewal is not enough, that is renewing the diluted which is inadequate to maintain ownership percentage.

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