Explanation of Responses: 1. On January 7, 2016, PositiveID Corporation granted to Mr. Probst 15,000,000 options to purchase Company common stock with an exercise price of $0.204 which vest; (i) 5,100,000 on January 1, 2017; (ii) 4,950,000 on January 1, 2018; (iii) 4,950,000 on January 1, 2019, as long-term equity compensation. 2. These options expire on January 7, 2021. 3. As of January 8, 2016, Mr. Probst owns a total of 15,025,000 stock options, including 25,000 fully vested options, which constitute part of his beneficial ownership in the Company.
Explanation of Responses: 1. On January 7, 2016, PositiveID Corporation granted to Mr. Caragol 25,000,000 options to purchase Company common stock with an exercise price of $0.204 which vest; (i) 8,500,000 on January 1, 2017; (ii) 8,250,000 on January 1, 2018; (iii) 8,250,000 on January 1, 2019, as long-term equity compensation. 2. These options expire on January 7, 2021. 3. As of January 8, 2016, Mr. Caragol owns a total of 25,000,000 stock options which constitute part of his beneficial ownership in the Company.
PositiveID Corporation to Present at the SeeThruEquity Microcap Healthcare Investor Conference on January 11, 2016
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PositiveID Corporation January 5, 2016 8:30 AM
GlobeNewswire
PositiveID Corporation? Watchlist
OTC MarketsFri, Jan 8, 2016 3:56 PM EST
DELRAY BEACH, Fla., Jan. 05, 2016 (GLOBE NEWSWIRE) -- PositiveID Corporation (“PositiveID” or “Company”) (PSID), a life sciences tools and diagnostics company, announced today that its Chairman and CEO, William J. Caragol, will present at the SeeThruEquity First Annual Microcap Healthcare Investor Conference on Monday, January 11, 2016, at the Fairmont San Francisco in San Francisco, CA.
Mr. Caragol will provide an update on the Company’s Firefly Dx, M-BAND and Caregiver® products, as well as PositiveID’s recent acquisition of E-N-G Mobile Systems, Inc. (“ENG”), a leader in mobile labs, homeland security and communications vehicles. The acquisition of ENG, which has recorded average unaudited revenues annually of more than $4 million for the last 10 years, offers a synergistic technology platform and customer base.
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. SeeThruEquity has initiated coverage on numerous NYSE, NASDAQ, TSX, and OTC companies in a variety of industries including technology, health care, consumer, energy and special situations.
Happy new year PSID
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