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Re: ProfitsSeeker post# 16294

Tuesday, 11/14/2017 10:54:10 AM

Tuesday, November 14, 2017 10:54:10 AM

Post# of 24430
Yes, that was awful. And very indicative of MDLG's track record for overpromising, underdelivering, then having to "settle" and do damage control.

Also, issuing himself $12mil in stock (one instance, not total, mind you) was terrible for the shareholders in more than one way.

I don't understand why people are still expecting positive results when there are literally no positive indicators suggesting that MDLG has any interest in serving the shareholders first, rather than himself. It seems like his only motivation is to continue to raise $'s so he can grab as much as he can. Can anyone justify the CEO of this company paying himself over $2mil in cash compensation and over $15mil in stock compensation? Why do so many people overlook this fact? What MDLG did is downright criminal, in my opinion.

I'm curious what the SEC would think about all of this.
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