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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: LAURIE SELINE who wrote (25781)4/28/2000 10:43:00 AM
From: ddl  Read Replies (1) | Respond to of 26850
 
They don't realy tell you what happens if the dillution is voted down. Sorta like, "well, if you don't, we could still manage".
So, RT says "in the best interests of the company".
Is this what he means?....
RT income for 1999 = +- $621,000.00
3 top execs total take home = +- $947,000.00 + stock options
1999 stock options granted total 2,230,000 shares
Increase stock option from 6.0MM shares to 9.0MM shares
Ask permision to dilute 87% of co. by PP!
and we're still a speculative company