weby do those guys & gals deserve it more than you?
they have a guarantee (salary) for showing up. you have no such guarantee.
if they perform well, they should certainly be rewarded commensurate to the results of that performance.
no problem there @ all.
but shouldn't the performance & the related rewards be measured & compatible?
moreover, option strikes should be set @ or near 52 week highs, NOT lows.
exercising those options was a much-needed cash infusion in a desperate time... if Wave is going to succeed @ even a tenth of the rate suggested, strikes @ 52 week highs shouldn't be a problem & set @ lows is fundamentally wrong IMO & overly dilutive.
JMO & not nearly enough to miss the larger opportunity.
anway, thanks for clarifying,
SPIN