Mexus Gold US (MXSG)

[A Dinosaur]

Pedro, read section 3.

"The persons who shall be eligible to receive Grants shall be directors, officers, employees or consultants to the Company. The term consultant shall mean any person, other than an employee, who is engaged by the Company to render services and is compensated for such services."

This is a pretty much standard Stock Option Plan, just like most corporations have. No special tweaks that I noticed except for the ability to award an option on restricted stock as well as unrestricted. Unusual, but not unheard of.

Sounds to me like he's getting ready to graduate to the next corporate level - real BOD, additional full and/or part time employees, compensation committee, etc. All the things he hasn't had time nor money for until now.

I think that's a good sign.

Dino