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Posted On: 09/04/2020 7:09:16 PM
Post# of 148889
25 million in stock for incentive plan being asked for, not $50m. Original $25m issued in 2012 only has 800,897 shares left. Asking 1% of outstanding share increase per year for 10 years. So, 7-8million per year? There is an SEC filing which goes into detail. Personally, I don’t have any trouble with the initial shot, but think they should come back for future requests.
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