Cloudtag: if management can't cash in on share options just move the goalposts

The share options which were in force when Cloudtag (CTAG) was admitted to AIM in March 2013 contained certain vesting conditions. These included a product launch date of 20 March 2014 plus other specified criteria including turnover exceeding £750,000 in a month! and a specified share price being exceeded for a five day period starting at 40 pence and increasing to 60 pence.

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