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Re: 12yearplan post# 1571

Monday, 01/30/2023 10:30:09 AM

Monday, January 30, 2023 10:30:09 AM

Post# of 1822
I'm not real thrilled about this : DILUTION How would you like to grab about 4 MILLION SHARES for .325 when pps is $5,$10, or $15?
The Company has granted, pursuant to its Stock Option Plan ("Plan") an aggregate of 3,814,892 stock options("Options") to several Company employees and officers to purchase an aggregate of up to 3,814,892 common shares ("Shares") in the capital of the Company. In part, the Options are part of contractual obligations to certain employees and the Company uses them as part of its strategy to incentivize and retain a strong team that will drive the Company's growth. The Options were awarded at an exercise price of $0.325 per Share, vest immediately and expire five years from the grant date.