Volt Carbon Technologies Inc (TORVF)

[samsamsamiam]

At present Dr. Pfaffenberger holds a Promissory Note for $255,000 for monies loaned to the Company. The Company will be paying off that loan and Dr. Pfaffenberger will be exercising all of his options in return. Those options are: 280,000 expiring Aug 11, 2026 at $.16 per share, 1,100,000 expiring October 6, 2026 at $.15 per share and 500,000 expiring March 15, 2027 at $.115 per share. Dr. Pfaffenberger presently holds 3,914,807 shares and this transaction will increase his holdings to 5,794,807 shares.


——-
Will he be selling those shares as well?
Why the hurry to exercise all those options now? No belief the company will do well in the future?
Underwater as is.


——-