Great to see them all max out their allowance. Certainly don't...

  1. 2,693 Posts.
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    Great to see them all max out their allowance. Certainly don't see that from every company and their directors.

    Between the 3 directors they have a total of 6,000,000 options to convert at 13 cents by THIS November. An extra $780,000.

    Below is from Rob R's notice he holds 5,000,000. = $650,000

    This doesn't seem like an insignificant amount and will show considerable confidence if/when her converts. Currently these options are not 'in the money'.

    He could let them expire and pay nothing. Will he want to get 5,000,000 more shares without going to the market....?


    14,190,003 Shares,
    5,000,000 Options exercisable at 13 cents expiring 30 November 2024,
    2,000,000 Options exercisable at 9 cents expiring 28 November 2025,
    868,124 Options exercisable at 13 cents expiring 25 October 2025,
    3,000,000 Options exercisable at 10 cents expiring 18 November 2026

 
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