It has been very quiet the last few days. We are all waiting with baited breath for the next update which if the management are bright will be coming out shortly. As I have previously said if JT wants his options then he needs to perform. I personally do not think that he should be given an extension on the bonus options as they were put in place to reward him if he met certain targets. If he meets those targets then I expect that he should be granted those options as long as the share price is above 60c for five days prior to the 12th of Dec.
If it is not then he did not achieve his target and thus they are forfieted. However then maybe he gets issued with a new bonus option scheme where if he reaches the targets then the option conversion price is around 30c as the price now is a lot higher and there needs to be a target to achieve to obtain the bonus.
I think this is a totally fair performance bonus as it needs to be updated to reflect performance.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
