Here we go again, returning once more to stock options accounting, an issue that uncannily reminds us of the vampires in cheesy old horror movies. You know — evil incarnate that just won’t die.

In this case, the evil is imbedded in the message that options have no cost and should not appear on financial statements. Just like their celluloid counterparts, the option baddies operate from the shadows and leave havoc and destruction in their wakes.

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