Thanks for the reply, but my point was if a stock PPS at $20.00 in 2025 or still at .50 cents in 2025 you just gave the CEO close to a half million dollars bonus for what? The price of MSTX (ANX) has fallen 75% over the last 5 years; therefore reward him at shareholders expense? Why ….. Records show with benefits Mr. Culley presently makes $600000 a year. I did not research it but I am sure he is in the top ten for salaries of stocks under a dollar. Yes these bonus's "risk free" but at who's expense? Mine .....
In layman’s terms this is what has happened. A multimillionaire practicing his golf stroke just put his golf ball through my front window. Rather than pay for it himself he asks me for the money. He then asks my insurance rep for the money to fix my window. Yes he then fixes my window, but not with his money. He fixes it with my money. Then he brags about responsibility and the importance of correcting issues the right way.
When you read the blogs and updates that is exactly what has happened. A stock drops 75% of value, almost doubled in share count in the last 5 years and you reward CEO? When Jack Lief resigned IMO they got rid of the wrong problem. I hope Mr. Culley knows what he is doing, but past track records, failed tests, share structure increases, dilution, yearly offerings and RS point to otherwise. He is simply padding his pockets at shareholders expense.
On the up side I cannot see how this goes below .45 cents again and a great time to get in with little risk. Add to that institutional buying and you have a pretty secure investment at these prices.
Good luck either way. Really appreciate your advice, wisdom and updates. Blessings ….
