Wtf dude, that’s not even true. Its a 1 to 3 option issue for...

Wtf dude, that’s not even true. Its a 1 to 3 option issue for shareholders. It really is that simple.

It's an incentive to drive demand for shares in the short term, to hopefully put the options in the money and encourage option holders to convert, with the added sweetener that they will get additional options. If it were only for options holders the strategy wouldn’t work as well because it wouldn’t create demand for the shares and the options might not be in the money.

If you hold shares on the record date, you will be issued one option for each share you hold. It doesn’t matter how you got them, whether bought on market, the result of an earlier option conversion, or left to you in grandma dearest’s will, you get one option for every three shares against your name.

Please heed your own advice and stop spreading misinformation.