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Buzzlityr

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Buzzlityr

Re: buffalop51 post# 32523

Friday, 02/19/2016 3:09:53 PM

Friday, February 19, 2016 3:09:53 PM

Post# of 47873
Buffalo: all I know, MCG and DR J had the option incentive to bring at least $15M of NEW financing to ISC...it set at 1% of outstanding at a price at closing BUT to be decided by the BOD at that time.

So yesterday BL tells us something is afoot...today this option notice appears...I can't find anywhere in their comp. pkgs a different option award pkg will be issued in late Feb. of '16...

IF it is NEW financing related, GREAT, we are going up as it takes out at least $30M in debt.

BUT if its NOT new financing related, then why are they getting options right now?
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