Friday, May 29, 2015 8:31:21 AM
It is possible that when a deal is near that they would be given Stock Options issued just before the deal to reward their work....This would be a cashless exercise options similar to what you get at work. However, pointless to reward them now because the price is so low...Once Briscoe is sure of a deal that increases the stock price, the company can issue low priced stock options instead of compensation. It requires a Much Higher stable stock price which would increase more.
In other words....The Board members, unlike what some have posted, HAVE SKIN IN THE GAME, it is called their Time and Un paid Salary!
None of board members get anything and lose all their efforts and time if Company does not make a deal.....Good incentive!
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