Re Options... Virt, it might, but it's not by design.

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Biajj2too

Rank: Treasurer [?]

Points: 5135 [?]

Votes: 72 Score: 2.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re Options... Virt, it might, but it's not by design.

in response to

10k Comments

virtvision

posted on Aug 29, 2012 08:02PM

Cliff has 900,000 Options, but 750,000 of those are priced at 45 cents, and they expire next month.

I suspect the BOD will replace them at the then current trading price.

Not only does Cliff financially benefit beyond his undeserving salary, through bonuses as the stock performance has cratered ($275,000 in bonuses alone within just 3 years), but he'll also likely get reissued Options that are cheaply priced due to those performance failures too.