Huh? They lost the litigation case. Mighty River got $1 mill worth of shares for free and if they exercised their options and then sold at the current share price ($0.01) they'd make a $400,000 profit. They got the $1.4 mill they were after.
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.