Yeah! Coach signs on for another stint. (whew) The compensation is muy generoso...confidence must be high. No milestone hints in the options or the ≤$100K annual cash bonus, based "upon the achievement of certain performance goals". Looking at ~$4M vesting on 2019/07/05...not even a ripple by then.
Very well Dr. I will send another shrubbery ;-) Let's get on with those performance goals!
Go team AVXL!!! § ed- The stock options being cash based is not particularly commoner-friendly and does not help dispel dilutive funding fears. :-(
basparks ..GREAT MINDS THNK ALIKE! #1 where the heck do you find money for a $500,000 salary if you only have $12 Million in the bank.. BBBBBAM! #2 $Stock Options funded at $2,000,000 a year for multiple years..now this is a non-cash expense..so using my Deductive Reasoning..I Get This..
One Anavex is well funded from somewhere..(I guess BP but could be Gov) Two: Whatever the Funding Mechanism is ..ANAVEX Continues as an Entity..
COULD NOT BE MORE POSITIVE ..How Must These NUMBERS LOOK to ANNOUNCE THIS BEFORE THEY ARE RELEASED! Oh My Goodness..the Shorts are FRIED!