![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, May 29, 2003 10:12:20 AM
Is this what you are talking about? It comes to about 200,000 options to the outside directors. If you want to classify this as greedy, then that is your right. I did too at the time. I have changed my mind. They could have given themselves the 200,000 shares outright without going through the 4 to 1 deal. But the fact remains, the outside directors can not participate in any ISOs as I discovered this morning.
As part of a program to increase
ownership of Common Stock by Board members, the following Outside Directors were
granted four (4) fully-vested options to purchase shares of Common Stock for
each share of stock such directors purchased on the open market from December
21, 2000 to January 10, 2001 as follows: Mr. Campagna, 20,000 options; Mr.
Colson, 52,800 options; Mr. Clontz, 48,000 options; and Mr. Roath, 76,190
options. The aggregate purchase price of shares eligible for the option match
was capped at $100,000 for Outside Directors.
FEATURED Element79 Gold Corp Provides Update on Nevada Portfolio • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM
Mawson Finland Provides Update on Exploration Activities at Rajapalot • MFL • Aug 21, 2024 9:06 AM