Re: New directors jumping on board!!!!
in response to
by
posted on
Feb 09, 2012 12:46PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
LAST CORRECTION...I promise.
Correction to my pevious post.
The 2 year expiration and 1 year vesting period was attached to the options issued to the recent appointment of Don Ronning. I am not sure about the terms of the Directors....however I beleive the options vested immediately upon issuance.
" The Company is also expanding its investor relations team and has hired Don Ronning to provide shareholder communication services for the Company, for a minimum term of six months, and in consideration, the Company has granted 100,000 incentive stock options at a price of $0.84 per share for a period of two years with vesting over a period of 12 months. The Company will also reimburse Mr. Ronning for reasonable expenses incurred, as approved by the Company."
My apologies.
S.