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Re: fung_derf post# 3582

Wednesday, 03/15/2017 8:23:03 PM

Wednesday, March 15, 2017 8:23:03 PM

Post# of 3827
My background is former Director of Investor Relations for traded companies in the energy sector. My rank was that of a Vice President.

I could write a book on dilution.

When an insider receives options convertible to common shares, two items are usually in play:

1. The company is strapped for cash and offers a stake in the firm's future via warrants or options set to become viable at preset valuations.

2. The above is acceptable so long as the Director is willing to wait until the warrants or options reach critical mass.

At that point it remains the seller's prerogative to hold or sell. Nobody has any business criticizing an employee for selling what is his to sell, especially when it may well be his paycheck IN ITS ENTIRETY.
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