full image - Repost: POET Employee Options In The Money (from Reddit.com, POET Employee Options In The Money)
Mining:
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Donations:
Some have noted the reticence of POET insiders to buy significant numbers of shares on the open market, noting that a) they hold many options that will sufficiently cover their wealth ambitions and, oddly, b) they are not wealthy people, and thus cannot afford to buy on the open market. One can research management's salaries and the market caps of comparable executives at GlobalFoundries and Macom where Suresh and Vivek came from, respectively, to make their own determination. Probably not a good idea to look at Rennova Health, where the CFO came from, as it is currently sitting at 0.00010 per share with a market cap of $1,810, up 100% on Friday!In the end, three insiders purchased shares this year after long conversations with influential investors. This was welcome and exciting, and you will note presentation language and online posts from mgmt have now included the phrase "we are investors, too." This is because at this point last year, some insiders held ZERO shares.A very wise investor made a suggestion recently that, outside of the blackout period, perhaps management can demonstrate commitment to the share price by exercising some of the many MILLIONS of employee options (yes, still millions after the reverse split) that are in-the-money. Or, even more bullishly, they could exercise options that are slightly out-of-the-money, which would strongly reflect the upside that many of us believe is apparent at these paltry prices.Some may argue that there is no need for insiders to do this, and that many of these options do not expire for many years (majority expire 2028-2031).Keep in mind that more options grants are coming, and soon. This is the cost to attract new, more capable BOD members who will also play an important role in diversifying the company from being totally gender-unequal, to moderately less gender-unequal. For those who deem this unimportant, Arista Networks insists on equality in the Board Room, in Senior Management, and across Functional Vice Presidents. Their multi-billionaire President and CEO, Jayshree Ullal, is an Indian-American business-person considered one of the most important and influential people in tech. https://ift.tt/03SuK9G You can be certain the decision to put forth BOD nominee from Arista, Theresa Lan-Ende, was reflected upon heavily by Arista management.The Options and Warrant Stack is below. You will see, there are a LOT of options in the money. These could help POET minimize, or even avoid a financing. One may argue we have too few shares out to worry about that, and that might make sense, except at some point the below options and warrants will need to be exercised and put in the kitty, so...when will that happen?Regards.https://ift.tt/fSGoDMH
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