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Re: Whatsup23 post# 6537

Friday, 10/16/2020 2:49:08 PM

Friday, October 16, 2020 2:49:08 PM

Post# of 6773
Are you cherry picking again?

"Company’s Chief Executive Officer, of incentive stock options to purchase 300,000 shares of the Company’s common stock (the “Options”) and payment of a cash bonus of $75,000. The exercise price of the Options is 110% of the closing market price on the date of the grant, or $0.1045, and the Options vest 50% on the grant date and 50% on the first anniversary of the grant date"

So basically, he can only buy 300,000 shares of HLIX stock at .21 cents if he were to exercise this right. 150,000 shares allowable now, and the full 300,000 one year from today. So, as of now, anything below .21 cents is worthless to him. And I'm sure he's not interested in buyinig at .21 to sell at .23. Good alignment of interests. So he can dilute himself and leave Toler and Mr. Amercanex (both of them still restricted I think) with nothing, or he can create shareholder wealth.

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