The options have a cost to the holder. They have to pay the strike price to exercise them.
Right now you can buy the warrants for fifty cents. Also, there are old options that will probably never be exercised.
I don't see what benefit these options are to Beth Jantzen, etal. You can buy shares on the open market at the same price.
The Sabby deal looks like a "reissue" of a previous over allotment.
This all looks like a bunch of nothing unless Hayward sees big things happening. Based on last year's dismal quarterlies and year end, an ordinary retail investor wouldn't get whatever Hayward is doing. Hayward is CEO and Chairman of the BOD. All of this is his orchestration.
If Hayward and the employees think this is a bonus.....then why???
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