
Monday, May 03, 2021 1:58:53 PM
These are new stock options, not existing. 12,341,667 to be added into the "Compensation Plan". To be approved by vote. My apologies as no expiration date or strike price is provided for these new stock options. The 60 days was in reference to the existing options that the employees have. They have to exercise existing options at ave. price of .16 by mid June. If they do exercise them (it looks like some may have already exercised them) then it would certainly indicate price appreciation in the near future.
Regardless, the fact that they are offering new stock options for the Board certainly seems like something was achieved. Li would not issue new options unless some type of milestone was met.

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