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Re: bradfordbros post# 130166

Friday, 11/13/2015 7:39:10 PM

Friday, November 13, 2015 7:39:10 PM

Post# of 403464
A valuable point, and given the significance of it it would be nice to know the basis for the issuance.

"On November 6, 2015 the Company issued 1 million stock options to a professional services firm. These options were issued with an exercise price of $1.70 and vested immediately, with a three year option term. These options have piggyback registration rights."

But why?
There should have been an agreement describing the basis for the issuance and identifying the recipient. That agreement should have been filed yesterday assuming the agreement was made on the date of the issuance.

It's morally wrong to allow a sucker to keep his money.......Cuthbert J. Twillie

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