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Re: P K G post# 15779

Tuesday, 01/01/2008 9:30:45 AM

Tuesday, January 01, 2008 9:30:45 AM

Post# of 19383
I don't think it will stop anytime soon. You probably saw all the options for about 8 insiders that were issued last week. I didn't take the time to add them all up, but looked like 2,000,000+ shares, with strike prices ranging from 0.25 (majority) up to 0.65. And it looked like about 50% of them are exercisable immediately. This is somewhat of a farce, imo. Options for insiders are issued with a strike price that is applicable to the time they are issued. They are used to incent the insiders to grow the company. Giving them options that have an extremely low strike price and exercisable immediately just puts more selling pressure on the price.