People need to learn how to read. I went back to the Notice of Meeting Ann and saw I had already done a post on this because the first reply was from someone who was mad about the terms of the performance packages.
^ Performance Rights. Is IHL at any of those market caps? No. Don't think anyone would be complaining if we went to 200M MC from these levels by the end of the year.
Then Sud's CMO Options. IHL must trade at 20c+ for 5 days minimum. Are we there yet? No. Bet no one would be complaining if the SP was 20c.
In total, the vast majority of what is being issued to IHL BOD here is restricted and subject to certain performance milestones.
Those being, 60M MC, 125M MC, 150M MC, 200M MC and 20c+ SP for 5 days.
At the moment, IHL trading at 4.8c with a MC of 35M.
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