AUL 0.00% 28.5¢ austar gold limited

Waigworan... thats not correctIK is not getting a salary...

  1. 725 Posts.
    Waigworan... thats not correct

    IK is not getting a salary increase, unless the options get in the money, which they should, but then IK has to pay .075 to excercise them. He does have more options at .25 to excercise, can hope, but unlikely to get them in the money. If the options aren't ITM, then IK will get less salary than last year

    For the SI, he has just paid out $250,000 for the shares, so he gets nothing unless the shares increase, in which case we all make money. As for his options, they expire in 10 months, and he cant really dump 2.5 million of them as it stands now, and also he cant dump 5 million shares as our BUY side has only 840,000, unless he feeds them over time, so if we are still at .05 in December, then he makes ZERO. Plus he also needs to pay .075 to excercise them.

    I would love the SI to make $750,000 for then we would all make a heap as well
 
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