InvestorsHub Logo
Followers 2
Posts 41
Boards Moderated 0
Alias Born 03/23/2013

Re: retiredyoung99 post# 17061

Thursday, 03/13/2014 11:25:04 PM

Thursday, March 13, 2014 11:25:04 PM

Post# of 17231
I really hope no one else is thinking like you. Generating cash flow through options is the last way one should raise capital. Options should be used to legitimately reward good performance, not to line the pockets of insiders. You say that USA has screwed over it's shareholders and then you say they deserve millions of options. That makes zero sense....

Further, if those options get into the money then USA probably won't need the cash anyway. The story is simple. The price of silver goes up and the share price will go up, too. So, you will trigger the options when the company doesn't need the money and in the process just dilute the shareholders.

I have a very difficult time understanding how anyone could vote yes to the USA insiders. Some of the deals they have done are crazy, in my opinion. When have you seen a net smelter royalty given for getting a loan? Does that deserve a 150,000 options for every insider? How about 10,000,000 warrants to get a loan? Have you calculated the percentage of dilution all the outstanding warrants and options add up to?

I recommend that every USA shareholder votes NO to this group of insiders. When the common shareholder is getting diluted into nothing while the insiders position is consistently topped up it is simply not acceptable.

No one has ever questioned the potential of the assets of USA, excepting the other pathetic deal where some 33% of your share value was traded for a closed mine.

Don't think for a second that there are not fully qualified and competent people available to run USA. They are out there.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.