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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: ossie who wrote (3513)6/17/1998 8:06:00 PM
From: bill718  Read Replies (5) | Respond to of 4718
 
True, but the proposed increase of 3,050,000 shares for the Stock Option Plan is of concern to me given the sad price of the stock at the moment, and the horrible deficit position I and nearly everyone else I know is in.

That is nearly an 8% increase using the fully diluted value of 38,293,870 shares which if approved, could make it harder for the price to move up in the long run... and I DO believe it will...BIG time.

I cannot view this particular move to be in the best interests of shareholders at the moment, but correct me if I am wrong please. ...Perhaps if we were at $5 I would view this differently.