"If this does fly these guys will absolutely clean up with incentive shares, options etc."
Andrewk65 -
the thing i don't like there is they are also setting themselves up in a position that even if they flog the company very cheaply as opposed to whatr has been speculated in the past or even highlighted by the company as potential aquisiton figures in presentations - anywhere from $250 - $500M - they could still undercut this massively & be richly rewarded, with a current $12M market cap and the heavy incentive shares laid out to them they could flog the company off for pennys and still bankroll well out of it. I do feel for the really long term shareholders that have just been washed out with dilution while the directors have been boosted with incentives - not saying it will happen but they could easily sell the company for a price that handsomely rewards themselves while those longterm shareholers are aquired for a loss.
PYC Price at posting:
2.2¢ Sentiment: None Disclosure: Held
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