By: thegreatoz in EDIG | Recommend this post (0)

Sat, 05 Nov 05 11:15 AM

Boardmark this board | eDigital Msg. 06469 of 06475

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I try not to speculate on why edig does something; I usually email, ask and get an answer. Just like the answer on revenues from railway media and other issues.

I now have some of the facts concerning Atuls stock options and they are not what most on the Agora board perceives, thanks to DABOSS and his cloudy crystal ball.

From the mouth of the professor DABOSS who always thinks he has the answer.

``A multitude of reasons and possibilities. Atul still has stock/stock options, yes????

Atul supposedly was offered jobs at other companies at 2X and 3X his current salary, per recent accounts/rumors.

Why not get the company on course, hit projections, then move to a higher pay grade and still own a ton of EDIG, which you can flip on a whim as the company grows/develops/gets press recognition on its DVAP which he developed???``

Now if only any of the wise ones on Agora would bother asking rather than continuously speculating about how and why things happen, they may learn something.

A direct email from RP to me:

Thank you for your e-mail, Richard. We calculate he had 816,666 option shares vested at his date of resignation. Currently, none of these option shares are likely to be exercised due to the strike prices being above the market price. He has up to 90 days after his date of resignation to exercise some or all of his stock options. After the 90 days, any stock options not exercised will be canceled.

As to a salary of 2x or 3x his current salary, total rumor and probably false with no concrete evidence.

As to Atul owning a ton of stock and flipping them on a whim and making a fortune, well not so.

I`ll probably post this info on AGora at the appropriate time, want to wait for them to post some more facts about Atuls departure.

OZ