Yes breezefly,
You have read it correctly.
RC will end up owning more than 10% of the company, (approx. 11.60%) after the options have been exercised in full for only having to pay an average of 22.20 cents per share, or a total outlay of $38,388,690 dollars.
Not bad is it???
I wonder if CP is allowed to get, say the same percentage amount of the company, and for the same amount of money.
And if we ask him nicely, he will even put the money upfront as well lol. Not having to wait to get it in dribs and drabs.
Talk about getting sucked in and shafted. And, in their presentation/release, there is no mentions of lubrication either lol.
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