officers and directors are beginning to receive op
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Posted On: 09/28/2023 5:50:52 AM
officers and directors are beginning to receive options again- this is the usual course of business across the stock market- the options are in lieu of cash as part of their salary.
Otherwise ZNOG would have to fork over a substantial amount more in cash. Directors and officers have shown they have faith in the company via annual stockholders meetings and podcasts etc.
Thus-absent personal financial emergencies they have usually held on to their options rather than cashing them in. Obviously, that is sound planning if and/or when ZNOG strikes oil and/or gas.
https://www.otcmarkets.com/stock/ZNOG/overview
Otherwise ZNOG would have to fork over a substantial amount more in cash. Directors and officers have shown they have faith in the company via annual stockholders meetings and podcasts etc.
Thus-absent personal financial emergencies they have usually held on to their options rather than cashing them in. Obviously, that is sound planning if and/or when ZNOG strikes oil and/or gas.
https://www.otcmarkets.com/stock/ZNOG/overview
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