Yep you are correct, most of those options would expire for sure. The only option above that arent vested is the class C which required VWAP of share price above 5c for 10 consecutive days.
2018 aint that far really, it would really allow the directors/management to drive the companies upwards and forward. Ie lets say we end up having 2.5b shares.. even at 10c thats only 250m mc and we would be producing. Just work the sum out. The higher the price the faster they will be exercising those options if they want to take some money out.
TNP Price at posting:
1.3¢ Sentiment: None Disclosure: Held
Just work the sum out. The higher the price the faster they will be exercising those options if they want to take some money out.
