Monday, February 18, 2019 3:10:51 PM
The shares issued to lawyers and management have no actual value unless a financial transaction occurs. So all this fuss about dilution etc is just silly if you believe in the end value.
If you do not believe then sell your shares and leave.
I do have a problem with excessive compensation though and between these latest issuances and performance bonuses that may accrue, management is being plain greedy. To dilute the shareholders for management compensation to this degree is actually grotesque in its hubris.
The Board should be ashamed of itself for allowing this. JMHO
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