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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?


To: Ajay who wrote (1936)12/12/1997 5:39:00 PM
From: David Bogdanoff  Read Replies (1) | Respond to of 4276
 
A:

Stock options are given to officers and are worth something after the
stock appreciates; they are to motivate the officers to perform in
a way that will benefit the shareholders and are indeed part of the deal when they sign on as officers. The situation OFW describes is
not the same; the President of a company is presumably compensated for
full time services; he should not recieve additional compensation for
additional services imo. OFW's concern seem legit to me.

David