(From 14C) 52,250,000 + 4,200,000 (7 year option) = 56,450,000
4) Includes 4,200,000 seven year options granted to this shareholder on December 19, 2008. The grants were made pursuant to the Company’s 2008 Equity Incentive Plan. Each option, when exercised, allows the option holder to purchase one share of the Company’s common stock at an exercise price of $0.01804 per share
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.