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Message: 50 cent/opinion/Plank math/caution

so the new BODeach  received 250k each in stock options...avg exercise price is about .06 cents.

25% vested immediately, with 

25% of balance in 6 months....blah, blah, in 18 months from Aug 16 and from Nov 2016 ...full amount vest..

so option strike on all when vested costs approx $15k to purchase, leaving them (at end of vesting period)...not there yet...

with $ 125,000- cost of purchasing options, approx $15k;...equals 110k for each before either long or short term capital gain taxes...

so without looking at Plank's valuation of actual company assets...

Does Plank think that each of these guys would be on the board for 1.5 years to earn, $93,500 on the best day at .50

Plank can come out with a resounding no on this one. Never said Plank wasn't opinionated.

Follow the money.

 

 

 

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