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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Ironyman who wrote (14447)10/31/1998 7:44:00 PM
From: Jim Bishop  Respond to of 34075
 
Thanks Eric. Makes sense, and I think it is a very good thing that TT care about the share price. Think he will also care very much about being pink sheeted. If he has to file to sell, can he sell while on the pinks?



To: Ironyman who wrote (14447)10/31/1998 7:56:00 PM
From: Jim Bishop  Respond to of 34075
 
< At the current price and ' Pink ' situation,,,those options have almost no value.>

Those options have no value right now - they "are not currently exercisable, but vested" and they only become exercisable if TT still employed by GE on Nov 1, 1999.

It's also stated again in the filing that TT has no shares now, and that his only interest in GE is the options. Good move GE.


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