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Re: Spetty772002 post# 33383

Tuesday, 08/09/2011 7:54:29 AM

Tuesday, August 09, 2011 7:54:29 AM

Post# of 92948
Spetty,


management has never received any preferred stock.
Restricted stock is what the CC stated. Don't hold
your breath on all options, you cannot get those for
nothing like the gifted grant shares.




I also like the fact that he said the new compensation packages signed by he and Lanza will include more stock options instead of preferred stock, which clearly aligns their interests with those of the shareholders, and will hopefully prevent, in large part, he and Lanza needing to sell shares to cover tax liabilities as they did after being issued shares of preferred stock. By accepting options (which would presumably be exercisable at a higher share price than the current share price), it further demonstrates both he and Lanza's confidence in the outcomes of these trials, IMO. I didn't hear anything that gave me any pause at all, and in fact, quite the opposite. I think the writing is on the wall, and it's all positive thus far.

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