posted on
Dec 28, 2010 02:42PM


Message: Gil
Somewhere in the back of my mind is a line of discussion which related to the Board keeing the pps in the .10 Cent range till Markman Hearing to permit all these option to be excercised!?
It seams that the $42,500 to be paid to RP by January 7, 2011 is for him to buy out as close as he can to the current low price of $.09-$.10 cent, say 425000 shares. That seems a good compromise, so by January 15, when his time runs out on the 250,000 shares at $.15, he has not lost all his 575000 shares whose opitions expire...
So, unless he knows something that the pps may go to $.15 Cents by 1/15/2011, he will end up having 2.8 million+ whatever number he buys with the $42,500 shares, or 3,250,000 shares...
The one noteworthy thing here is to follow the exercise, or lack thereof, of the option for 250,000 shares @ $.15 Cents...
GLTA...
Gil...
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