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icebrg

08/25/08 4:25 AM

#20079 RE: gfp927z #20077

Varney got 200.000 additional options @0.97 on his promotion the other day.
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asuhowe

08/25/08 11:58 AM

#20081 RE: gfp927z #20077

GFP,

Your idea of significant must be different than mine.

@ $3..

Stoll gets:
~$2.3Million
Coleman gets:
~$750K
Varney gets (including the options you forgot to mention):
~800K

That seems like significant reason to sell to me.
Especially when this company was almost done for a few months back, and that there is no guarantee that it won't be done for by years' end..

Hmmmm.. I actually feel pretty good about a sale now..
I never realized just how much Stoll et al had to gain from a sale in the $2-3 range..
Considering that is pocket change for a BP, damn, it may just happen!

CHeers