One mile of Ocean Front, One Incredible Real Estate Development

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Message: Re: Employee Options

Oct 03, 2012 10:33AM

I've read their 8ks, 10Qs, etc. and don't recall anything about expiring options. But let's say they did have them (expiring options).

Two Points:

1. What difference would it make re their incentive to get this done when they are exerting all of the control over this situation that they have? They have a strong incentive to keep shareholders from bolting. Options wouldn't enhance that any further.

2. Their individual net worth and many years of work are in this project. So they don't need options to incentivize them. THIS IS THEIR LIFE.

On another note, it's only 500 shares, but its nice to see the price tick up.


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