"The reason for the cancellation and to specifically change them to a 40M option to buy at higher exercisable prices was to INCREASE SHAREHOLDER VALUE, boost investor confidence, and to show the investment community that RH is willing to pay for his shares at prices nearly or more than 5 times current share price, exercised at times when he expects the share prices to be significantly higher."
Thanks for bringing some clarity to this issue. I assumed from the tone of your post that you had verified their intent. It certainly has boosted my confidence. kp
When all is said and done it's what's done that counts, not what's said.