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Re: smeller post# 3404

Sunday, 03/12/2017 3:28:48 PM

Sunday, March 12, 2017 3:28:48 PM

Post# of 4150
Yes, but dilution:


Compensation: Mr. Dawe was issued 653,842 restricted common shares. ($0 to company)


Compensation: Mr. Redfield was issued 2,476,377 options to purchase 2,476,377 restricted common shares @ $0.0559/share (5 years to exercise ~$138,000 to company)


Compensation: Mr. Roberts was issued 1,063,782 options to purchase 1,063,782 restricted common shares @ $0.0559/share (5 years to exercise ~$59,000 to company)


A bit of good news, Mr. Roberts (CEO) is sitting on 2,500,000 options to purchase @ $0.17/share (2 years 9 months to exercise ~$425,000 to company) and he owns 9,803,991 shares today. STRONG INCENTIVE.