Not a bad deal. Permit PR next week.
CAN anyone on this board clearly explain the ESOP shares reported on FORMS 4? Where is the cash? Intrinsic compensation value? WHY WOULD THE STOCK DROP?
ESOP is an Employee Stock Option Plan (ESOP). Here is a link for you to look at:http://www.nceo.org/main/article.php/id/8/
Sounds like a good deal. Personally, I have added more shares.Didn't the CEO pay for the rights to buy at .56 and not the actual shares?Thanks in advance for your reply