You are actually making my point.
The more a CEO is TOTALLY honest from day one and states not just the good but the bad and the ugly, the more knowledge an investor has to make a rational investing decision.
In the case of Ocata, Wotton has told only the good part of the story at the cc's and traveling roadshow and never even hints that some of what is stated in the SEC filings has merit.
How great or him-he collects his salary and perks right along no matter what.
If the company does well, he makes even more money with the options, and yes retail investors about who he doesn't and never has given a rat's ass about also benefit.
If on the other hand, the company goes bellyup, he uses the SEC filings to his advantage and in effect says, Sorry-not my fault-you should have paid more attention to the SEC filings.
Yeah real great CEO all right and a great way to profit for himself with no accountability even if "the music dies."
ps Speaking of being rewarded, how does PW's promise to bring increased shareholder value look after one year in office?
