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Alias Born 04/09/2020

Re: Grip it and Sip It post# 70272

Wednesday, 04/22/2020 8:02:35 PM

Wednesday, April 22, 2020 8:02:35 PM

Post# of 232503
<12,500 shares.

If the SP stays perfectly flat as of today's close (2.62) they are worth $32,301.98 on May 31st. Not really a big signing bonus for a board appointment.

That shrinks to <$30k if the price falls to execution value (2.25).

If however, he drives the company forward positively and the SP achieves the values this board speaks about ($10, $20 or $50 SP) then he is starting to earn a good signing bonus and we all benefit.

I think its a good incentive - nice "retainer" - with a good backend kicker potential!
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