While a potential disadvantage to the shareholders approving this item is the dilution of shareholders if the options are exercised in the future, the Board believes that the issue of the options is in the best interests of the Company as a whole, aligns non-executive Director interests with those of shareholders, and is a prudent means of conserving the Company’s available cash. Further, any dilution would be minimal.
there are lots of options to come as well, over 100million of them, it is dilutive to me as exercise prices are low with all companies i dislike the method of issuing this shares, to get a fully understanding one has to read reems of pages. "exercised at various prices" no total amount nominated as being paid or did i miss tha bit?? remember a little while back where team took pay cuts,? but did they just deferr? and play catch up escrow with exercise of options ? say 1year
MSB Price at posting:
$1.75 Sentiment: None Disclosure: Held
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