For God sakes I'm only talking about 20K or 30K shares. Think about this, maybe there is bad news coming and he's waiting for $.50 stock or the company is loading off shares to Aspire because of bad data and he doesn't want to dilute at lower prices. If I'm thinking this way maybe others are to so come on Leo get some balls and buy some stock here, show the investors everything is good by putting your cash in like all of us are doing!!!!
I wouldn't think that they would exercise any of those options. Any buying done "for show" would be on the open market and I don't expect it. I suspect that they feel that they have enough equity, more than enough.
The options are exercisable for Class B shares, which are convertible into Class A shares on a one-for-one basis and would need to be so converted before they could be sold. Each Class B share votes at the rate of 10 Class A and there are no Class B shares currently outstanding. They are and I expect will continue to be just sitting there for control purposes as needed.
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