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Re: Julius_Kelp post# 13341

Thursday, 02/16/2017 6:01:21 PM

Thursday, February 16, 2017 6:01:21 PM

Post# of 108192
You people are getting way too caught up in the math of the authorization for the number of shares that the Board could theoretically grant to management. It is an authorization, not an actual grant. Boards are "authorized"--without a shareholder vote or resolution--to take all kinds of actions that could harm the company or its shareholders if done incorrectly. It doesn't mean they are going to actually do it. You either trust them or you don't. I would note that the board has never even maxed out the annual authorizations--which were lower--in previous years. This whole issue is like a bunch of kids running around the house screaming about the bogeyman.
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