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Friday, December 22, 2006 3:28:53 PM
There have been cases where companies have officers exercising stock options, and actually do it to increase the cash flow...at least in this case if Spooz officers did exercise their options for cash flow, the shares are now restricted for two years, so that won't effect the current float.
Usually, that's what gets investors ticked...when the officers exercise options...and then the float increases drastically....but in Spooz's case, it is my understanding that management has chosen not to do that, in fact, I think our float has decreased in the past few months...although the overall O/S has increased...hope that helps...allie
The secret to profitable investing is to buy into well-run companies at the beginning of their earnings growth cycle—before Wall Street takes notice and bids up the stock price.
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