Aurora Acquisition Corp (AURC)

[tr8dervic]

OT/WES/PTGC......................................

Wes,

I don't find the ptgc options granted that untoward. It is common for mgmt to grant options at the current pps and vesting in 1 year or more. Even if 3.5 mln at .50 get exercised, that is 1.75 mil more cash and working capital for ptgc.

The rest of the options require a pps of 1.25 or greater to be exercisable. The last tranche of 8.5 mln at 2 require a pps of 4.00 and gross profit of 15 mil to be exercisable.

If they get the pps up to 4 I'm a happy camper!!!

Below 1.25 they are mostly anti-dilutive.

Many companies just give away free shares of restricted stock to mgmt. Not here.

As an investor, there is no way that we get the same options as mgmt. We are not running the day to day affairs of the co. to deserve the vested interest and performance incentives.

This has been a tough couple of weeks in the markets for energy, precious metals, and small cap stocks in general. Nerves are frazzled.

Usually a good buy indicator.

All imho and best of luck to you,

Vic