Followers | 376 |
Posts | 17197 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
![](https://investorshub.advfn.com/uicon/458287.png?cb=1657037051)
Wednesday, August 13, 2014 5:10:03 PM
It just looks like something went screwy in the filing IMO. Also, Comella's amount doesn't even match the 10-Q filing amount, it was supposed to be $300K bonus and 5 million shares. I don't understand where a $ sign would be inserted in that column for the value of what is tagged as "bonus" being $5 million for her?
I think something went amiss on the filing, a typo or something in the wrong column- I could be totally wrong as I don't totally understand all those columns and then how the notes are added below and all- it takes a securities attorney for the most part to file and fill the thing out I'm sure.
But I just don't see the $1 a share connection at this point? Could it be a future value? Sure, who knows? But I'm not aware of any scenario where they grant an option with a price of .026 pennies and then set some "forced" future price or something, way out at $1 dollar or whatever?
Also, the 10-Q said they "may" take the bonus in the form of a "promissory note" and I'm wondering if that's not what this is related to? That they had to do some sort of "set aside" as they aren't taking the bonuses in cash maybe and that column and note below is somehow supposed to be accounting for that maybe?
Really don't know- but I wouldn't tie it to any financing or any predictive power of a future $1 share price at this point? I'm not aware of anything in the Form 4 instructions that indicate that's what it's for- and I just read the filing instructions from the SEC with that form. One can look it up easy enough- but it's confusing to read, again, unless someone files this SEC stuff all the time.
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM