Anavex Life Sciences Corp (AVXL)

[TrueTrades]

Yes, like perhaps a big enough offer is on the table that they decided to sell it all. The original agreement was likely drafted some time ago, and appeared straightforward. Then this new agreement appeared, apparently not able to supersede the first grant from the old agreement, thus the $2M worth.

Why would an EA that was expected and did appear, and seem to be the product of a firm plan, suddenly change? The first plan appeared to me to benefit the executive if the SS was diluted going into the final 5/9 vesting in 07/19. That $3.33M vesting then on heavy dilution would be a whole lotta shares. Then when the approval catalyst puts the MC to match the SS, he cleans-up.

Now he is more set to take advantage of a buyout and the vesting schedule matches that which is more normal, and perhaps more suitable to the framework of a buyout.

That's how it looks to me. Tell me how I'm so sadly mistaken...somebody...please!

$5B would be $140/sh. The pipeline could be worth that, no?
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