ILI Technologies option grants at a discount to market
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Posted: Saturday May 13 8:16:31AM 2006
And the answer from Serge:
Just got back from Wyoming, with regard to the options they where issued when the stock was at 48 cents Guy and I were reissued150,000 each that had expired as of April 30, 2006 and were priced at 58 cents. The other options were mostly granted to new employees which in this environment if you want good people you have to reward them. In the last year the stock has gone from 20 cents to a high of 56 cents and we are expanding and growing in all directions, no one has a large salary and we are all focused on making this company grow and anticipate a bright future for ILI. We appreciate your support
Sounds fair enough when he puts it that way.
By Broke in Canada
Posted: Thursday May 11 1:23:24PM 2006
I am going to keep posting forty times a day next time a clean post of mine is removed.
Posted: Thursday May 11 11:45:57AM 2006
Good comments and good feedback - thank you.