BESipm

[BESipm @BESipm]

@terrellcamp @FrankCurzio @deckeralbert650 Agreed, there's a boatload of information on that interview.

[BESipm @BESipm]

Yes, but in entire optics here is the rough numbers this was posted few days ago.

Scot Cohen was granted 4 million restricted shares, divided into four 1-million-share tranches. Each tranche requires WRAP’s market capitalization to meet or exceed the hurdle for every trading day for 45 consecutive trading days.

Using the current ~61.78 million shares outstanding, the approximate stock prices corresponding to those restricted market caps

$150M $2.43
$225M $3.64
$ 337.5M $ 5.46
506.25M. $8.20

This is the really interesting part

At approximately $1.67, WRAP is only around $103M market cap.

So Cohen’s first million shares don’t vest until WRAP gets to roughly $2.43 and stays at or above the corresponding $150M market cap for 45 consecutive trading days.

That’s roughly nine weeks of trading at each level—not merely touching the price once. The actual SEC language says the market cap must meet/exceed the threshold “for each trading day during 45 consecutive trading days.”

And there’s another important wrinkle

The filing says 1.6 million of the 4 million shares become null and void/forfeitable if shareholder approval isn’t obtained by March 15, 2027 for increasing the shares reserved under the 2017 Equity Compensation Plan

So Cohen essentially has 4 million shares tied to an extremely substantial appreciation in WRAP’s valuation, rather than getting 4 million unrestricted shares immediately.

And the final hurdle — $506.25M market cap — is particularly notable. At today’s share count, that’s roughly $8.20/share.

In other words, Cohen doesn’t get the full 4M shares unless WRAP becomes roughly a half-billion-dollar company and maintains that valuation for 45 straight trading days.

That is a very different incentive structure from ordinary executive stock compensation.

[BESipm @BESipm]

Min 29 on.
Drones
Shoulder Mount
Frenel
Military.

[BESipm @BESipm]

https://t.co/gfv5ORE9Ge
$WRAP

[BESipm @BESipm]

@deckeralbert650 Sour Patch Candy Methodology.

Sour:🤬 “Management is getting a lot of equity.”

Sweet:😁 “A meaningful portion of the upside is tied to the company reaching substantially higher valuation milestones.”

Is what it is now I'm guessing they got something big coming up?

[BESipm @BESipm]

The Insiders are putting their future compensation behind execution. This could be viewed as a signal of Management's confidence in trajectory -imo.
$WRAP

[Decker Albert @deckeralbert650]

$WRAP
CANNONBALL!!!

Minutes before 10 p.m. Friday—hours after market close and heading into a three-day weekend—WRAP dropped a 6,000,000-share executive-compensation cannonball into EDGAR. All 6,000,000 shares remain subject to market-cap milestones, but the grants effectively emptied the employee equity pool; Cohen may now have to ask shareholders to refill it so 2.4 million already-granted shares survive.

[BESipm @BESipm]

@deckeralbert650 Actually a interesting concept.
Free upside options with let's say performance hurdles?

Free, long-dated, laddered
call-option package, than a conventional stock grant, except they receive voting/dividend rights and the ultimate dilution is borne by shareholders.

[BESipm @BESipm]

@FrankCurzio @deckeralbert650 Did I miss Franks comments on Wrap? Can someone post it please?

[BESipm @BESipm]

@terrellcamp Once frenel is contracted and "proved" real world brilliance of detection uses, all military defense and all drone defense companies will want a piece of this technology? Maybe. $avav $wrap

[BESipm @BESipm]

This is a smart move. WRAP is no longer just selling a device — it’s selling a system: doctrine, training, certification, and the BolaWrap 150 together. That’s easier for agencies to buy, and it opens the door to recurring revenue through Wrap Tactics, refresher training, and cassette use. California POST is the proof point. If it works there, they have a model they can scale nationally.
I like this alot, great announcement!

[BESipm @BESipm]

@zerohedge Wrap Technologies Non-lethal apprehension could of been an alternative option. https://t.co/NPd0Ze3CNj

[BESipm @BESipm]

@terrellcamp The first time he used that term I thought it was a blooper ha ha

[BESipm @BESipm]

Minute - 48, some drone talk.
https://t.co/HvEMcrHohZ
$WRAP

[BESipm @BESipm]

@TigerLineTrades $200 incoming imo

[WRAP @WrapTechInc]

Everyone is watching the laser. The harder problem sits underneath it.

A laser is only as good as what points it, and the threat has gone quiet. Fiber-guided drones emit nothing to jam.

That is the sensing problem WRAP has recognized and is building to solve.

Read the full article: https://t.co/GTcow407jl

#CounterUAS #DroneDefense #PublicSafety

[BESipm @BESipm]

Aug 11 — Q2: revenue doubled to $2.1M, margins jumped.

https://t.co/ARW0jIYBaF

Aug 14 — selected by WOFT for Florida’s $475k teacher-safety training program.

https://t.co/L2pSreb6Mw

Aug 17–18 — priced and closed a $12M registered direct.

https://t.co/RB4boIGI39

Aug 24 — laser / directed-energy C-UAS added to WrapShield.

https://t.co/L2pSreb6Mw

Aug 25–26 — local and syndicated coverage of the defense pivot and capital raise.

[BESipm @BESipm]

Don't mean to sound like a broken record but... $200 is definitely incoming (again) right quick. Congratulations longs.
$PLTR

[BESipm @BESipm]

@KentWoody @EricTrumpr63 They could have used a BolaWrap from $wrap technologies in this instance.