Seems like Scott Ogur is rewarding himself for diluting you.
1) On February 21, 2020 the Company awarded the Chief Financial Officer, an option to purchase a total of 200,000 shares of the Company’s common stock at a price of $0.385 per share. These options vested immediately upon grant and expire on February 21, 2025.
MY COMMENTARY: I don't know how he earned that. But that's equal to my avg. share cost to the penny almost. So I like that alignment of interests.
2) On June 19, 2020 the Company awarded the Chief Executive Officer, an option to purchase a total of 500,000 shares of the Company’s common stock at a price of $0.167 per share. These options vest over a three-year period from June 19, 2021 to June 19, 2023 and expire June 19, 2025.
MY COMMENTARY: I don't like that. And I don't know how he earned that either. That's the price today. So, one could buy today and have the same benefit as Zac. Only, his come with zero risk. But, that is an alignment of interest which is good. Or, an indirect way of just giving himself all those free Form 4's so he didn't even lost any quanity.. Only, he seems to be able to grant himself anything at anytime at your cost. That's why, it's best to be in alignment and put the wind on your back. The first half of this year has been going against severe headwinds. Toxic dilution, selling from all those that were bought, etc., etc.
Luckily, it's my understanding that Steve Janjic's hands are tied. So he needs to shine. His political views are the same as the Chinese lady that can't give birth, as well as Grant Whitus's views. Which are extreme, ignorant, and out of touch with reality. Which would explain probably a letter, a beating, and a spanking they all received and rightly so. Oh, and Seigels' views way, way out there with all of their's as well. Extremism, like terrorist mentality. All feeling very Holier than thou. Which is always a function of ignorance.
So now that they are all under water, and our CFO has realigned himself with us, I would say it's pretty good sailing I hope. Not perfect. And Toler has a good background. I would not go long above .60. While they do have a lot of warrants up there, there are lots of exercisable #$#@ below. Unless everything gets refinanced. There are some good motives at .32 as well in the Series B Preferred given to accredited investors back in 2017. But they have good anti-dilution clauses which you guys don't get, so dilution matters not to them. However, they hover around a good .32 price which is 100% avbove his price.
