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Auricgoldfinqer

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Auricgoldfinqer

Re: Lakelife post# 3076

Wednesday, 08/27/2014 12:46:42 PM

Wednesday, August 27, 2014 12:46:42 PM

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Why does Steve Wallach need millions of stock options when he already owns 72% of the company?

I want "new" clients because it means diversification and that the plan is succeeding.
Why is that so hard to accept?

And the company can grant up to 40 million options of which they have granted about half of that already.

When a holder excercise their options, the resulting dilution reduces the value of your shares and mine.

The buyback can't keep up with the dilution so it is a waste of money.

The buyback is stupid.
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