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Replies to post #4687 on Praxsyn Corp (PXYN)

Replies to #4687 on Praxsyn Corp (PXYN)
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Sweet deal

04/09/14 7:40 AM

#4688 RE: m a r c o #4687

Wat news? On phone can't see. This is either gonna crash or form a u shape. I hate to say it but... Paws stock sucks right now. Maybe it'll bounce off ma50
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mikar

04/09/14 7:51 AM

#4689 RE: m a r c o #4687

Looks like Ali Nadir, CEO, set up a trust for his grandchildren and gave his wife some stock.
The second part is he was given stock option. Some of the options he can excercise at .312 and some at 2.70 per share. I guess he expecting the stock to be well north of 2.70 at some point and he believes he will be providing for his grandchildren 's security.
It's all good
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naturalborninvestor

04/09/14 7:56 AM

#4691 RE: m a r c o #4687

employee stock options issued at $0.31. So, in order to benefit from this (right to purchase at a discount), the stock must be expected to move way past $0.31.