Good to see Steven Bizzell converting 1.25m November 2011 options into shares and providing additional funds for the company. OK, before someone has to mention it, he got the shares at 50 cents.
My interest is that he had no need to convert those options until November 2011. And before you say he is selling shares, firstly he hasn't sold any shares and secondly, even if he wanted to sell shares he has plenty already in his accounts to sell right now.
Was tis a benevolent provision of additional funds for BOW or has it another purpose. Maybe like voting rights in some forthcoming issue.
Something to think about.
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