Cemtrex Inc (CETX)

[AXE_EVERYTHING]

During the nine month period ending June 30, 2014 the company issued stock options for 600,000 shares to three key executives of ROB Cemtrex GmbH. These options have a call price of $0.30 per share, vest over four years, and expire after six years.

this is actually great news for us because the vesting period is four years, I am assuming the regular employees, the vesting will be a few more years than 4, perhaps up to 6 years. I have seen some companys do 7 year vesting periods. They gave these options to the directors of ROB at a 4 year vest. period. For those of you that may not fully understand this, they will get the entire stock value after 4 years minus the 30cent base price, so after four years has gone by, then they will be vested and can cash these in. it looks like the timeframe started sometime in the 9months before June 30th, 2014.
so that would put us somewhere around June 30th, 2018
they can still hold onto them and not cash them in, until June 30th, 2020

so that is a great thing,
another SOLID reason to be LONG here,
giving ownership to your people is an ABSOLUTE strategy for success, and the options route I especially like, it keeps the money in-house for years, it is an amazing motivator for the ROB directors to work their tails off to make the value better through their work performance.
if you are giving me 600,000 shares, I want them to be worth at least $7 to $8 versus my base price of 30cents. in 4 to 6 years, Come'on , we need to be at $50 to $100 a share - that is real value there . . . .