warrenatk...
Several things can be gleaned from your post...
1. The stock is being falsely held back so that it does not run up during a period when the SI's cannot sell them;
2. The reality of this statement suggests any run may be short-lived...thus the need for the options to be live so they can sell them prior to it dropping back.
3. The SI's are not in for the long-run...if they were there would be no need to hold the price back in the meantime.
4. They feel confident they will get the vote up for the options at the falsely depressed prices (poor judgement)...otherwise they would run it up to engender a happy voter base and avoid backlash.
5. Have misjudged the effects of dumping 150-200 million shares onto retailers...who can now use those shares to vote down the free options issue (resolution 5) and the apparent desire to issue more cheap stock (resolution 6).
Not a good look...nor very sophisticated...
Cheers!
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