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Re: DeerBalls post# 80900

Tuesday, 06/04/2019 2:53:22 PM

Tuesday, June 04, 2019 2:53:22 PM

Post# of 130856
DB,
Let me try again.

In the last 6 months stock bonuses of 127,000,000 restricted shares were issued to management. I am assuming that is 3 or 4 people or say 30 million shares each.

Emil got 225,000,000 restricted shares issued for non-dilution.

This latter seems to be a contract so I guess there is nothing that can be done but it seems absurdly high and should have been set with a bar when originally agreed to.

let's say the company sells for $2 billion or $1 per share that would be effective cash bonuses for management of $127,000,000 or 6%. This should only be 2 to 3 % or $60 million tops for a management team in this situation.

That is my logic for saying they are being greedy.

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