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Post# of 18778
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Julius Erving

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Julius Erving

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Sunday, 11/10/2013 1:19:57 PM

Sunday, November 10, 2013 1:19:57 PM

Post# of 18778
Regarding the stock options:

the remarkable story behind the story of the stock options is where they set the vesting price. (the execution price was I believe in the 20s, if not mistaken but they can't exercise those options even if the stock is above 20 cents unless we hit the vesting price which is I think 75 cents for at least one month).

Why were they set that high? Did ERHE just randomly pull fantasy numbers out of thin air? I can't think of a SINGLE company who has EVER issued stock options that vest at almost TWENTY TIMES the current price. I still cannot believe any company would issue options with vesting minimums that are that high.

Is someone willing to pay a buck? And why so soon...

What are we missing... ?
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