Thanks Lar for your help.

I understand this system is good for the company,and thus when the money is well spent good for all the SH.

Better maybe if all shareholders outside Canada can participate with a certain % of their shares against a reduced rate.

For example If you have 10000 shares you can participate with 10%.at reduced price.(-10 to 20%)?

Advantage,no run up or hype followed with PP follwed by lower prices because people can sell as result of tax advantage.Leaving foreign investor with ill feeling.Also bad for investor relations.

No extra perks needed(like warrants),less dilution.Not depending so much on institutions.

Not too difficult for this company since they seem to have the interest of their SH at hart.

I hope i make my point clear,I am looking what is best for the comp and that should help us all.I realise there may be tax laws which normally do not help.

Ps sorry for my English but i am dutch,thats why i normally keep it much shorter.

Respecfully,

Inca.