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To: the Chief who wrote (21921)4/14/2018 4:47:10 PM
From: subordinate1  Respond to of 22811
 
Well that's not a vote of confidence......



To: the Chief who wrote (21921)4/14/2018 5:35:05 PM
From: LearntoTrade  Respond to of 22811
 
As bad as it might usually be viewed, the positive is that CCB cashed up $60000. But bad timing.

"The selling is necessary", lol. They always kill momo.



To: the Chief who wrote (21921)4/14/2018 6:20:14 PM
From: Clinteroo  Respond to of 22811
 
Worth 10’s of millions.... that was good for a laugh



To: the Chief who wrote (21921)4/14/2018 9:47:04 PM
From: NuclearCrystals  Respond to 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.



To: the Chief who wrote (21921)4/15/2018 10:55:47 AM
From: youngun4 Recommendations

Recommended By
Edwinder12
Gilmar1
GrumpyGus
llama1337

  Read Replies (2) | Respond to of 22811
 
The options exercised by Bruce and Olga would have expired on the 17th. By exercising them, they put an extra $60k cash into the treasury. By selling an equal amount of shares she pocketed a small profit, seems like a savy business move to me. Frankly I would have been more concerned about the optics if the options were not exercised when they were in the money. That said i would have liked to see the stock at .15 last Friday but i'm sure we'll be there soon. Next day in court is April 20th ... that should get things going