Castle Brands Board (ROX)

[FUNMAN]

Options Outstanding total less than 5% of the O/S. Insiders pay the company for the shares when they exercise their options and then they never sell the shares so they realize $0 cash profit and the company gets the money.

https://www.sec.gov/Archives/edgar/data/1311538/000114420416108091/v441661_10k.htm

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The following table summarizes activity pertaining to options outstanding and exercisable at March 31, 2016:

Options Outstanding.... Options Exercisable
Weighted
Average Weighted
Remaining Average Aggregate
Range of Life in Exercise Intrinsic
Exercise Prices Shares Years Shares Price Value
$0.01 — $0.25 326,900 2.49 326,900 $ 0.22 $ 235,437
$0.26 — $0.40 7,757,186 5.24 6,549,913 0.34 3,954,614
$0.41 — $1.00 2,273,500 8.26 529,000 1.00 —
$1.01 — $2.00 3,027,500 8.90 403,000 1.34 —
$6.01 — $7.00 17,000 0.98 17,000 6.36 —
$7.01 — $8.00 98,500 0.28 98,500 7.21 —
$8.01 — $9.00 7,500 0.85 7,500 9.00 —

13,508,086 6.46 7,931,813 $ 0.53 $ 4,190,051

Total stock options exercisable as of March 31, 2016 were 7,931,813. The weighted average exercise price of these options was $0.53. The weighted average remaining life of the options outstanding was 6.46 years and of the options exercisable was 5.10 years.