Monday, May 03, 2021 10:12:10 AM
Stop and think about that. This would only be done if there is going to be some sizable share price movement in the near future. Otherwise, who would want to exercise a stock option at .16 when the current price is .09 and not expected to rise? And this is up for vote, so clearly they all will exercise these stick options immediately upon approval. This is a VERY bullish sign for this stock.
I would expect some type of announcement to be made at this Annual Shareholder Meeting. We all know how Li acts be now and he didn't hold past Annual Meetings because there was no news. He is now holding a meeting and to think this meeting is going to be "going through the motions" is naive. There is something positive coming soon.
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