I don't particularly like it - but can live with it. It is the doubling of insider options that concerns me as it accelerates the rate of dilution. Would an excercise price(on a sliding scale) of a % above the share price at time of issue be fair to retail and management alike? e.g. with a sp at $2, a +15% ($.30) strike price ($2.30)- at $200 a 1.5% premium ($203) strike price. Management and employes are still incentivizedand rewarded, and shareholders suffer less dilution. - or at least the diluted shares are worth more than they would have been. My percentages may be way off. Thoughts?
