Dennis didn't say 400 million shares are reserved for stock options.
he said 1.1 billion outstanding ( I think he said "a little over 1.1" )Then he stated " A fair portion of the rest, stand for employess stock options. they set up an option plan.
The interviewer said something like .. " o basically you've got 400 million set aside for stock options then?
We will have to wait and see the actual numbers on Monday. from pinksheets
He did say 1.5 billion was were the OS was headed .. which is fine and should get priced in if it isn't already.
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