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Re: Watts Watt post# 102119

Monday, 11/28/2016 9:44:31 AM

Monday, November 28, 2016 9:44:31 AM

Post# of 232913
Not taking a position either way on Steipp, but come to think of it, he knew exactly what he was doing. He was biding time until Apple was primed to use it and/or he found the right partner to do the heavy lifting and move it forward, so he could make out well. People like guarantees before they give up the keys. It's why he didn't give up seats to Visser. Imo, they played Visser for what they needed from him, who dumped a truckload right before the Eon deal was signed.

Hindsight is perfect, but in retrospect, happens all the time on Wall Street with these types of micro caps. They collect "reasonable" salaries, sell shares to stay alive, periodically, and strategically, drop pr's to carry out the story, load up on options and then when it's ready for the run, get immediate vesting on termination.

Those sorry to see him go and think he shouldn't have been jettisoned (again, I'm indifferent, but Lugee saw differently, so he took a position on the issue and that's all that matters), if you think he was smart, then just think if he didn't make sure he positioned himself well on exit and maybe wasn't shedding tears that he was out.

Again, don't really care either way, but I think he planned this out all along. Just my useless 2 cents.
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