Re: Approval of Omnibus Plan
in response to
by
posted on
Jun 04, 2023 01:20PM
Please pardon my ignorance ad astra, everyone should take time to look at pages 39-45 of the AGM Circular. Page 40 shows options held by execs. Looks like, of the roughy 2.7 million options held by the top 3 execs, (Venkatesan, Rajgharia and Mika) 1.675 million of those are currently in the money.
As ABC Sch noted here,
if execs and board members would show some conviction and convert some options, more would be available under the current plan to incentivize employees.
And, such insider activity might convince others that the timing is finally right to invest. Lead by example.
If the company had a billion dollar valuation as the CFO has indicated he believed the company should be valued, the options of the top 3 execs would be worth roughly $50 million. Not bad money.
I’m not tipping my hand, we have a little over 3 more weeks until the voting needs to be completed, I’m in no rush to decide. I'd hate to make any decisions prematurely and regret it.
And I’d love to see that billion dollar valuation met and exceeded "soon".
Sudsy, since you say you are a tech exec,maybe you’re a quick study. You stated “any shareholder who is naive about how tech companies attract and keep high quality talent PLEASE GET EDUCATED BEFORE YOU CRTICIZE POET MANAGEMENT AS A TOP LEVEL TECHNOLOGY INNOVATOR ”
Careful, the 'clarity' of that comment might just qualify you for a job in POET investor relations. No one is criticizing the innovation.
Painting people as ignorant because they have different perspectives is short sighted at best, especially since you have been here for less than two weeks, and many who post here have been waiting for 10 years and more.