[CryptoButthead.com , dgoldsmith , July 19, 2023] We don’t 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 updates… Y’all won’t believe this critical news alert! Victory Battery Metals (CSE: VR) (FWB: VR6) (OTC: VRCFF) done pulled a sneaky move that’s got us mighty ticked off, y’all! In a jaw-droppin’ decision, them folks issued a mind-bogglin’ 7,205,000 options to their management, employees, and consultants under some fancy stock option plan.
I gotta say, this here feels like a slap right across the face to all them hard-workin’ shareholders who done put their cash into this company. Instead of focusin’ on makin’ those shareholders happy, Victory Battery Metals seems to be more interested in servin’ their own self-interests.
This move ain’t just dilutin’ the ownership of them poor existing shareholders, it’s raisin’ questions ’bout the priorities of this company and whether they really care ’bout creatin’ value for their investors. It’s 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 ain’t enough, let’s talk ’bout 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. Now, that sure makes me wonder if the company’s got any confidence in their own growth prospects.
Shareholders deserve transparency and a clear sign that their best interests are bein’ taken care of. This latest stunt from Victory Battery Metals only adds to our doubt ’bout their management decisions.
It’s mighty important for all y’all investors to keep a close eye on what’s goin’ on and what this option shenanigan means for the company. Before y’all go makin’ any investment moves, make sure y’all do your research and get yerself some advice from a qualified financial guru.
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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The post Shareholder Concerns Rise as Victory Battery Metals Issues Massive Number of Options: A Blow to Investor Confidence first appeared on cryptobutthead.com.
Ash and Booker, the dynamic duo from CryptoButthead.com! Hailing from the heartland, these two hillbillies have traded their banjos for blockchain and their moonshine for mining rigs. With a unique blend of rustic charm and crypto savvy, they navigate the digital currency landscape with wit, humor, and a touch of good ol’ country wisdom. Whether they’re breaking down complex crypto concepts or sharing tales from the backwoods, Ash and Booker bring a refreshingly down-to-earth perspective to the high-tech world of cryptocurrency. Yeehaw and hodl on!
