Thats right, the way S8's are structured, the amount per share is for pricing only, not what someone would receive from being issued S8 stock. Of course you see a different scenario, because you are stuck in OTC land. Every day trader is fixated on what management and insiders get - why? because there is a pattern in OTC companies that they fill their pockets, then slam the markets, hurting other shareholders. And yes, that is a very UGLY pattern in most OTC companies. However, point to the last sale by management or an insider? You won't find one. Not for over a year. Go find a Form 144 and a sale and please post it to this board.
You can't. Thats because there haven't been any in over a year, and the way I see it, they had many opportunities to sell stock, and didn't.
Any Form 4 you can find from management are BUYS, not sells. IN fact, management has come into the market and bought stock several times.
Regarding the CEO's compensation, do you know she actually got paid CASH for her services or was she paid again in stock. Are the executives getting cash every month, or are they being paid in stock? You may have seen another post on this board bringing up the fact of the $170K a quarter burn to management, and that post was absolutely designed to make you believe the company is paying cash. That poster always leaves out the other possibility that the compensation is either accruing or paid in stock. Either way, to me, thats what committed management does when they see things we don't.
I think management has already proven they are in this for the long haul. No stock sales, just purchases on the open market. No Form 144's or Form 4 sales. Accumulating more and more stock as compensation, etc.......... there are absolutely NO FACTS to support your scenario. I don't blame you for seeing the glass half empty, but you can't hold all the crap done by other companies to their shareholders against this one. I'm waiting for news to see whats next, then I can further decide to stay or go.
