Im glad to see the company directors getting there peice of the pie in this too. To me this means that they will be working for the good of the share price also. We are teaming up together in A way. This amount of shares given to our guys are small compared to how they will work to make our share worth more. Im in because I feel they will be working towards my best intrest along with theres. From the latest 8-K
Stock Option Grants to Officers and Directors
On February 24, 2012, the Company granted its officers and directors options to purchase an aggregate of 1,300,000 shares of the Company’s common stock exercisable at $0.13 per share (the “Options”), determined by reference to the average closing price of the Company’s Common Stock on the 20 trading days immediately preceding the date of grant, as follows.
Urmas Turu, Interim Chief Executive Officer and Director 500,000
Luciano de Freitas Borges, Director 550,000
Gabriel Margent, Director 2 50,000
The Company entered into standard stock option agreements with each officer and director to reflect the grants of the Options. The Options vest 25% upon grant and an additional 25% vests each six months from the date of the grant.
These Options shall expire five years from the date of grant.