Perhaps interesting is the fact that our former CFO, Mr. Robert Fishback, received 50,000 unvested stock options from the company on Dec. 1, 2014 with an exercise price of 22 cents and expiring Nov. 30, 2024, as per his Form 4 filed Dec. 3, 2014. On Jan. 26, 2015 he notified the company he would resign his position effective Febr. 13, 2015, as per the 8-K filed on Jan. 28, 2015. His options remain intact, as detailed in the DEF 14A filed Apr. 22, 2015. In my opinion, these options were his severance. Even more interesting is the fact that these options will not vest until the closing trading price of TOVC common is 10 bucks or greater. IMO that signifies a view on Mr. Fishback's behalf, at least contemporaneously upon his formal exit in Febr. 2015.
