I assume they are referring to the additional options been proposed in the resolution- 960 000 of which will go to Coby Hanoch etc.. .
Did anyone catch the conditions of options been exercised? 320 000 options to be issued to Coby should a firm commitment by a company to manufacture a product based on Weebits technology? Is anyone else thinking this will happen before the Annual General Meeting in November? It would certainly sure up support for all resolutions been passed by shareholders! Nuggets like this are always in Weebits announcements.
"Out of the 960,000 Options to be issued to Jacob Hanoch, 320,000 Options will be granted subject to securing a firm commitment by a company to manufacture a product based on Weebit’s technology.Out of the 800,000 Options to be issued to David Perlmutter, 266,000 Options will be granted subject to securing firm commitment by a company to manufacture a product based on Weebit’s technology".
I assume they are referring to the additional options been...
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