They're situating themselves nicely before big money comes in and doesn't let them get away with things like this so easily. I assure you that in the future with institutional money's oversight they won't be able to issue options at will without more stringent approval by vote.
While we are on the subject, Benitec, if you need a good janitor, I'll clean your toilets for options. No cash needed upfront. Five years out @ $1.25 sounds reasonable to me. Let me know before the IPO!
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They're situating themselves nicely before big money comes in...
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