[CryptoButthead.com , dgoldsmith , July 19, 2023] We donāt often write about stocks, but since we had previously posted an assessment of the following company, which we found very interesting, we unfortunately also have to provide some negative updatesā¦ šš Yāall wonāt believe this critical news alert! šØš Victory Battery Metals (CSE: VR) (FWB: VR6) (OTC: VRCFF) done pulled a sneaky move thatās got us mighty ticked off, yāall! š” In a jaw-droppinā decision, them folks issued a mind-bogglinā 7,205,000 options to their management, employees, and consultants under some fancy stock option plan. š¤šø
I gotta say, this here feels like a slap right across the face to all them hard-workinā shareholders who done put their cash into this company. šš° Instead of focusinā on makinā those shareholders happy, Victory Battery Metals seems to be more interested in servinā their own self-interests. š¤·āāļø
This move aināt just dilutinā the ownership of them poor existing shareholders, itās raisinā questions ābout the priorities of this company and whether they really care ābout creatinā value for their investors. šš Itās important to remember that when options are dished out, they can have a real big impact on the future performance of them stocks.
And if that aināt enough, letās talk ābout them terms of them options. Each one allows the holder to buy one common share of the company for a measly $0.05 over a period of 5 years. šš¤ Now, that sure makes me wonder if the companyās got any confidence in their own growth prospects.
Shareholders deserve transparency and a clear sign that their best interests are beinā taken care of. This latest stunt from Victory Battery Metals only adds to our doubt ābout their management decisions. š¤Øš
Itās mighty important for all yāall investors to keep a close eye on whatās goinā on and what this option shenanigan means for the company. šš” Before yāall go makinā any investment moves, make sure yāall do your research and get yerself some advice from a qualified financial guru. ā ļøš
Read the original news release: https://www.globenewswire.com/news-release/2023/07/18/2706758/0/en/Victory-Battery-Metals-Corp-Announces-Grant-of-Stock-Options.html
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