I expect that those 60 million option shares will be carried forward to the new entity by management, and as such will be restricted. The big question is what will be the exchange for common. I suspect by the time the restructuring takes place those 150 million to dutches will have been delivered and used for financing. And acdcording to the filings 960 million shares have been authorized. I believe they will all be used.
PREDICTION: 20:1 to give us 50 million outstanding in dnag, 50 million outstanding in dnapp, management holding 60 million in DNAPP (restricted). Preffered stock being issued for new capital.
a 200k salary is not excessive. hell I make that much as a self employed independent contractor with no employees.With limited revenues and lots of expenses it might seem to be to some to be a high price to pay for talented individuals but that is the real world of business. keep up the good work.