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To: pinchednerve who wrote (40801)2/24/2016 10:43:10 AM
From: zen_lunatic4201 Recommendation

Recommended By
downandout

  Read Replies (1) | Respond to of 49402
 
EUO.v: I don't think management has to "justify" anything, these are two separate actions and both seam equitable and fair to me.
1.) The company just recently received the cash from SICPA and EUO shares have a cash rich valuation, so they initiated a buy back. I think the shares are a great value, so I'm glad to see them put the cash back into the company this way.

2.) As for the options grant, it's that time of year when most major corporations that are on the "Focal Point Review" system have completed their reviews and are dishing out raises and bonuses. It's not like they granted these options a day, a week, or a month after the deal was announced or finalized....it's just that time of year in corporate America....nearly everyone I know is on the same review schedule now and have just learned about their raises and bonuses......and this is also about the same time of the year EUO previously granted 5.1M options on 3/15/2013 for $0.10 when the stock was trading at $0.04....so they are apparently on the same schedule. Also considering the 2013 options grant, the pricing seams to be fair enough to me, given the comments in my previous posts about the discounts many company's offer employees on their stock purchases.

I guess I see the point that the options could be seen to reduce the net effect of the share buyback, but I don't see any real impropriety in these actions......maybe just unfortunate timing for investor's perception....but it doesn't cause me to question management's integrity one bit.

JMHO.