Replies to post #438 on Liberty Defense Holdings Ltd. (LDDFF)

[randychub]

At the bottom of the release - they decided they did such a good job they rewarded themselves. How about we get out of the 12 cent range or make these option contingent on future goals before we give ourselves a bonus.

“In addition, pursuant to the Company’s omnibus long-term incentive plan, and subject to regulatory approval, Liberty granted a total of 75,000 stock options (the “Options”) and 1,590,975 restricted share units (“RSUs”) to certain directors and officers of the Company, effective October 16, 2023. Each Option is exercisable for one common share in the capital of the Company (a “Share”) at an exercise price of $0.19 per Share. 12.5% of the Options will vest on January 16, 2024 and an additional 12.5% will vest every three months thereafter. The Options will expire on October 16, 2028. All 1,590,975 RSUs will vest on October 16, 2024. All Options and RSUs are subject to the terms of the Company's omnibus long-term incentive plan and applicable securities law hold periods.”

[KPIFF-LDDFF]

Don beat me…


Liberty Defense Receives Contract Modification Award from TSA for Development of AIT Screening Upgrades


https://www.prnewswire.com/news-releases/liberty-defense-receives-contract-modification-award-from-tsa-for-development-of-ait-screening-upgrades-301958829.html

https://reddit.com/r/LibertyDefense/s/8zTOOPWw6L

"

is pleased to announce that it has received additional funding from the Transportation Security Administration (TSA) to incorporate additional design efficiencies into the development of a High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit for testing on an Advanced Imaging Technology (AIT) passenger screening system.is pleased to announce that it has received additional funding from the Transportation Security Administration (TSA) to incorporate additional design efficiencies into the development of a High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit for testing on an Advanced Imaging Technology (AIT) passenger screening system.

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The TSA, an agency of the U.S. Department of Homeland Security, is responsible for airline passenger security screening conducted at airports in the United States. TSA's On-Person Screening program aims to detect a growing range of threats, with fewer false alarms and less physical contact with travelers. In addition to enhanced detection, the HD-AIT body scanners are anticipated to help improve passenger experience and move people through the checkpoint more seamlessly.

"We continue to work closely with TSA on this critical initiative to help develop the next generation of passenger screening," says Liberty CEO Bill Frain. "The upgrade kit will provide future state capability at the checkpoint, with the focus on detecting more threats and providing an overall better experience for the traveling public."

Liberty previously licensed millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe screener technologies in March of 2021. Both technologies were developed by researchers at the Pacific Northwest National Laboratory (PNNL), funded by U.S. Department of Homeland Security Science and Technology Directorate (DHS S&T) on behalf of the Transportation Security Administration mission. Liberty is now developing the technology in house with its experienced team of engineers.

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