Unless I am reading the document incorrectly then Consolidation is June 1st.
Which means that future placement shares will be organised after and the directors get their 20% discount fill without having to go through this bullshit.
So far we have
June 1st - Consolidation
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June 19th - Bonus options offer cutoff
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Now which arrow will signal the Future Placement Shares?
If the first one directors avoid consolidation AND get 20% discount on shares AND get the bonus options
If the second one directors avoid consolidation AND get 20% discount on shares
Both options suck.
My biggest question is.....why is the bonus options offer cutoff not June 1st? If it really is a reward for the "support" we have given and having to go through a consolidation then should be June 1st.
XPE Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
