MultiCell Technologies Inc (MCET)

[MyDogBuster]

It's not that complicated. Stock options were granted in 2010 to an executive. The executive has to achieve some milestones to get the vest in the options. The options were accounted for as compensation even though the milestones weren't achieved yet. The executive resigned and the options were forfeited. The amount of compensation was then re-claimed by the company. It's all just an accounting thing. No money changed hands.