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nsomniyak

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nsomniyak

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Re: tste9 post# 2407

Thursday, 03/02/2017 9:51:05 PM

Thursday, March 02, 2017 9:51:05 PM

Post# of 4273
I see it differently.

I sure as hell hope he is out for himself, as he gets a bonus of (at least) $95MM if the company is sold for an enterprise value of at least $2B (I think that would be about $12 per share minimum, but don't quote me on that).

I think this aligns his objectives perfectly with mine - get the company sold for maximum value, and take whatever time is needed to do so.

I think this incentive is a huge "tell" indicating that SGYP's preferred exit strategy (as evidenced by the actions of the BoD and management) is a buyout.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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