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Pastimes : Zenyatta Free Speech Board
ZEN 77.480.0%Nov 21 4:00 PM EST
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To: the Chief who wrote (21921)4/14/2018 9:47:04 PM
From: NuclearCrystals   of 22811
 
Exercising in the money options in order for the company to offset some of the legal bills associated with getting court remedy to the impropriety of GSLR administrators ....... all the while deferring salaries ....... is not a poor optic unless of course you're an ass of an investor who has taken runs at management in the past.

Just as the optics of Dube's disclosed holdings would be no different than a look at Chief's current CCB holdings ........... the dude cries about management doing what Eveleigh would not do, exercise in the money options for the preservation of the companies war chest.

A better question would be, why weren't they afraid to take that action knowing that they would be disclosing it before the next court date? Simple, preserve the corporations capital in the short term in defence of raising capital while court proceedings are on-going.

Hard to raise capital when you don't have a definitive court ruling as yet to give clear direction and satisfaction for financiers going forward that the project will advance in normal course.

Leave it to the treacherous Chief to come out blasting management on this defensive action in favour of the corporation ............ the spread was obviously not the consideration as evidenced by Chiefs own understanding of the pairs wealth.

When were those options set to expire? Seems relevant too.
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