Aug. 18 at 3:04 PM
$BETR ... GARGS FAKE CALCULATION OF VOTING POWER ... He is counting options that he has not paid for. These are B shares come with 3 votes or close to 1,100,000 votes that he is counting but not allowed for his Proxy overthrow.... to execute this trial run for 378,137 shares at a
$1.00 strike price and a
$13.30 market price, Vishal Garg would face an immediate out-of-pocket tax bill of roughly
$1.72 million to
$2.09 million if he exercises his options. However the remainder of
$4,651,085.10 is taxable income Garg would have to pay.