Also, between now and up to the year 2027, Ajit has the power to exercise his options. Just imagine what his options could be worth even 5 years down the road as his plan comes together for his Indian vision. POET has effectively dialed in to his rolodex for any connections or help needed until at least that time. Even with Ajit out of POET's executive, POET can still benefit from his experience. Ajit's strongpoint is in semi-conductor manufacturing. So, with his options timeframe in mind, a lot can happen with POET between now and then. So no matter how we want to slice and dice opinions about him and his options on this forum, Ajit Manocha is still heavily incented to bring good things to POET in my asssertations.
Suresh was handpicked by him, and in essence the team connection is still there. The overall plan is one that takes quite a few years, hence the longterm options. From that perspective I now have a greater understanding why Ajit has $1.75 strike priced options for such a long period of time. It is not the price per ce, it is more about the length of time for his options to remain accessible to him. Of course he has many cheaper ones as well, but all of his options sort of average out just like we have done in purchasing shares over the years.
Monolithic