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Re: Seagull2 post# 105597

Saturday, 12/29/2012 11:09:10 AM

Saturday, December 29, 2012 11:09:10 AM

Post# of 346238
Good point!... 1st set of options exercise date: 3/27/2013

I know their was a disclaimer about 8 equal cash ins of their stock over a 2 year period

For the 250,000 shares... gives 31,250 shares cashed in
For the 150,000 shares... gives 18,750 shares cashed in

Now the fact that they "have" to do this in 8 equal cash ins vs... saving the entire alloted shares to be exercised at anytime within the 2 year period.

I don't see how the stock options and $75M on top of the $100M currently can be considered negative
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