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Alias Born | 07/06/2014 |
Monday, June 18, 2018 7:10:33 AM
I've had about enough of this talk on this board, seriously.
If you want to complain, then you can vote against his compensation plan at the next board meeting per today's release (exert):
"The members of the Committee have spent many months researching best practices for executive compensation, reviewing plans at similar public companies, studying independent consultants’ reports, conducting interviews with stockholders and holding many internal meetings, most of which Mr. Ault did not attend. The Committee firmly believes that Mr. Ault, who is already a significant stockholder by virtue of having invested considerable personal resources in the Company and who not only expects to contribute additional capital to the Company over time but devotes virtually all his time and energy to executing his strategy of long-term shareholder value creation, will have his interests completely aligned with all stockholders. The Board of Directors fully supports and agrees with the recommendation of the Committee and has therefore approved the Agreement; as a result, the Agreement is presently in full force excepting only its equity compensation provisions, which will take effect if and when approved by the Company’s stockholders, which approval will be sought at the Company’s next annual meeting."
Like I said, enough is enough.
Todd is going to do what Todd is going to do.
It is what is is.
Do I need to make it any clearer?
You may disagree with the way he is running the company. If you dont like it, then scram and stop the complaining, I've had it up to here with it to be honest, especially the name calling, totally inappropriate.
Lets not forget, when dilution happens, his own shares get diluted as well. He hasn't sold a single share even when it spiked to 6 bucks, and I sold every one of my shares by then for windfall gains with no restrictions and he on the other hand missed the ENTIRE THING. He could have done similar, taken the profit and invested back in at lower prices, but did he? NO, he instead has continued to put in fresh money. Just think about it, if you do, then you will stop the bellyaching and support the management team.
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