First the CRL, then the flop approval, then continuous manipulation of stock to keep it down, now the investigation??? what else the shorts are upto? why they are trying to finish this company??? What else they are going to do to break it???
Nothing. A simple letter would get their answer. They say Pykett got more share options than he was approved to get per the agreement. Even if this were true, it would simply be an oversight easily corrected. This happened a year or so ago with another lawyer for some other stupid reason. That went away just like this will.
The BOD has the descretion to grant more options as far as I know. The "incentive" shares available to management was increased by passing vote at last years annual meeting. Navidea's local lawyers are solid would have spotted any irregularities. Seems like an extreme stretch by law firm desperate for revenue.
It's all about the amount of stock Mark Pykett received. It was more than the amount he was suppose to recieve under the stock incentives option. Probably an oversight. Just someone trying to stir the pot. No need for anyone to get excited.
Stir the pot or drive the share price down? This was a feeble attempt that will do neither. The release they put out was so vague anything could have been read into it. "In connection with possible claims"??? Please. The characters involved in this stock never cease to amaze.