Drmyke- This option history is an early draft showing some early reviews of "option based compensation".
I would like to point out that the 1.4 mil. averaged on NEOM's income statement at 3/31/2006, was not a cash outlay of funds. If you will please review NEOM's cash flow statement, you see this as a positive or offset cash flow item. This was a change in accounting method item, which may be amortized over a specific period. There were some additonal increases for the 3/31/06 period. There was no "cash outlay" expense related to this change in accounting method for the period ending 3/31/06.
There are mixed reviews of the subject. A growing public company, can elect to pay the officer's a quality based salary, or allow compensating options.
This year, we saw some planned selling by an officer, to take advantage of compensation options, due to under compensation of salary. A quick reversal of same, showing officers buying in, as one did, would probably work a little magic for NEOM.
I have always been a "positive cash flow" investor. However, for the type of business NEOM is in - "On the cutting edge" of a different type of market development, an investor has to place some value in this theory of "growing revenue", with additional subsidiaries, required to command a greater market share.
After "scratching more than the surface", of this growing market, some improvement may result toward positive cash flow.
