Tuesday, October 21, 2014 8:06:28 PM
progress to raise the stock price, I'm sure there will be a "yes vote"...and as I said...with the PPS higher
less stock gifts will be needed. 30 million shares was outrageous. I'm sure anyone coming on board,
that thought the company had great promise, would be just thrilled with a few hundred thousand
shares as an incentive. Some fast growth companies allow insiders to buy shares at a discount.
They got VERY PIGGY with that many shares...I wonder if they justified it a little more than just that
they need a carrot on a stick for new hires. Considering this companies past history and dilution...
they should have been much more frugal in their request. If Houck needs incentive...perhaps "gifts"
can be based on PPS performance. Say if it reaches $1 a share, he gets a million shares.. The gravy
train with no contracts has to stop.
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