According to the recent pr a trigger event requiri
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Posted On: 07/08/2022 12:02:14 PM
According to the recent pr a trigger event requiring 30 million in revenue IMO does not necessarily equate to product sales but could be funding received in a buyout or merger. WHY give options to the third party consultant?
"In recognition of his expanded duties as Independent Director and his contribution to the resolution and settlement of the SEC investigation, the Company has entered into a Restricted Stock Unit Agreement with Robert Denser wherein he has received a grant of 1.0 million RSUs which shall vest upon the earlier of the Company generating $30,000,000 of cumulative revenue starting in January 2022 or the occurrence a Trigger Event which generally represents a change of control transaction by the Company. Mr. Denser has received no other compensation for his service to the Company since 2019" Just have to believe our CEO & Mr Denser have received and are conducting pre buyout meetings with a pharm?
$5-$10+
"In recognition of his expanded duties as Independent Director and his contribution to the resolution and settlement of the SEC investigation, the Company has entered into a Restricted Stock Unit Agreement with Robert Denser wherein he has received a grant of 1.0 million RSUs which shall vest upon the earlier of the Company generating $30,000,000 of cumulative revenue starting in January 2022 or the occurrence a Trigger Event which generally represents a change of control transaction by the Company. Mr. Denser has received no other compensation for his service to the Company since 2019" Just have to believe our CEO & Mr Denser have received and are conducting pre buyout meetings with a pharm?
$5-$10+
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