So, basics of this are - if the share price of the company hasn't over doubled in 5 years, to 5c, 1/3 of Rosen's options aren't in the money. If it hasn't gone up almost 5 times, to 10c, another 1/3 aren't in the money. So, unless he manages to achieve at least a 5c share price, all he's left getting, is 25M options, which are currently in the money, to .5c. Now, don't get me wrong... that's still a lot...
But all up, with current shares on issue (see below) if he gets them all in the money - with 75M options to convert, he ends up with around about 8% of the company (allowing for dilution). However, if the share price hits 10c to achieve this - I don't actually think anyone will be complaining.
Key Information
Shares Issued
840,320,658
SCU Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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