On4 Communications Inc (ONCI)

[Havenstein]

tganz: google Share Reserve for Compensatory Stock Options.

My take is these are options that were not exercised prior to the time Steve came on board. The letter would be from individuals that once might have exercised the options but conditions were never met. They are also no longer valid so there should be no reason to not waive expired claim to the reserve unless you like to get sued.

1 down 1 to go. Then DE debt deal. Then share reduction and possible FINRA?