BLTI does not need options. Any highly trained monkey can sell blti products in America. They sell themselves. You go to work, collect a paycheck if you are not happy you quit. Thats the way jobs work. BTW, 20 years from now, how is blti going to attract new employees. They are going to have to give out options I suppose. The same argument will be used in 20 years from now. Options are by crooks for crooks. Options have already ripped money off me from the BLTI shares I own. The new pool is for like 10 percent of outstanding. Thus, BLTI executives just ripped us all off 10 percent of the value of our stock.
By giving someone options you are basically paying someone $10,000,000 for a job that could be done for $20,000. Sounds like bad management to me.
Hot new industries do not need options. AUO does not need new options. Many young companies are buying back shares. BLTI could easily cancel their option plans and start a buyback program.