An early Christmas gift?
Might be expecting for something to pop by mid-February? Or just hedging their bets?
Wonder what the strike price might be? A guess is $0.035 or roughly the year's lowest price
Name Beneficial Ownership Percent of Class
Gloria H. Felcyn, CPA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,259,700(1) *
Carlton M. Johnson, Jr. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 975,000(2) *
Clifford L. Flowers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000(3) *
All directors & officers as a group (3 persons) . . . . . . . . . . . . . . . . . . 3,134,700(4) 0.77% *Less than 1%
(1) Includes 450,000 shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
(2) Includes 450,000 shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
(3) Represents shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
(4) Includes 1,800,000 shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.