IMHO
Fellow investors....the insiders and board of Directors will have a vested ownership of 20% of the outstanding shares issued as of Oct 6th once these options are awarded......plus their investment in the convertible debentures and accompanying warrants....as well as any shares they own through the exercise of options that they have not sold,......I believe this amounts to close to 30% ownership..Their options are not free and will contribute to the company treaxury.....These options make it possible to attract the talent required to take us to the promised land
So they have acquired shares or options by discounting their salaries and perks and have committed to a financial investment in the future of our company...
SO IN MY OPINION THE INSIDERS HAVE ACQUIRED AN INVESTED INTEREST IN THIS COMPANY VIA THEIR COMMITMENT TO PROVIDE THEIR SERVICES AT A DISCOUNTED RATE.
LETS PUT AN END TO THE QUESTION OF INSIDER OWNERSHIP ....THEY HAVE MADE THEIR COMMITMENTS...
Regards to all
Royalton
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