CM8 - What could be the positive catalyst?, page-22

The share based compensation includes both performance shares as well as options (from my experience more often than not this is accrued so do not represent the issuance during the year) so when options expire they translate to 0 cost for the company.

From memory most of the options are owned by dom. Track vendors, the finance company jbt or whatever they are called, the underwriter of the cr own the rest. I think almost 80% of the options this year with strike price of at least 0.27 (all from memory so best to double check).

Anyway i dont consider 500k cash salary to be excessive (not surr if its above the average?). I mean a senior manager in a reasonable company earns 150k to 200k...