If you can't post the truth please don't post at all.
"That obscene amount of options he demanded, which can be converted at anytime he wishes to do so, will effectively hand over control of CTP to him."
Again, read the announcement regarding the options. The exercise price is 9c. Now if you were to just read that and go off half cocked, you would probably think what you've written above, BUT .... All of the shares however have hurdle prices. Meaning.... He can't convert them anytime he wishes. He has to improve the value of the company by 2-3 times before he can convert the options.
Meaning this company has to be a multi-bagger before he can BUY the shares (Not be given... just incase you say that in your response again)... which means pay for, just to be absolutely clear here, the shares.
Hopefully this absolutely incorrect "giving 12% of the company for nothing" type argument doesn't get thrown up again, but considering recent history I'm not hopeful.
CTP Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
