Last year, they moved the 15M to 25M, NP said the
Post# of 154560
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Posted On: 09/17/2020 1:05:32 PM
Re: ClosetInvestor #56622
Last year, they moved the 15M to 25M, NP said the same thing, needed for new talent. I am not sure how many of those new 10M went to new talent, and how many went to old talent. I suspect most went to old talent. But if this doesn't pass, maybe they can separate and have a block for old talent and a block for new talent only, i.e., NP, BOD, or any old talent (employee over 1 year) doesn't get shares from that lot. I suspect for 'new' talent only would pass almost 100%. People voting no now I also suspect are concerned the new shares will go the way of the old. JMO.
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
MAY 22, 2019
You are invited to attend a special meeting of stockholders (the “Special Meeting”)
2. Approval of a proposal to increase the total number of shares of common stock authorized for issuance under the 2012 Equity Incentive Plan from 15,000,000 shares to 25,000,000 shares; and
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
MAY 22, 2019
You are invited to attend a special meeting of stockholders (the “Special Meeting”)
2. Approval of a proposal to increase the total number of shares of common stock authorized for issuance under the 2012 Equity Incentive Plan from 15,000,000 shares to 25,000,000 shares; and
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