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Re: Greenaccountingbean post# 22300

Wednesday, 04/29/2020 6:32:01 PM

Wednesday, April 29, 2020 6:32:01 PM

Post# of 27413
Couple reasons to accept stock options and stock as part of terms of employment. One, it keeps the cash flow lower as far as retaining qualified personnel. Two, the key players in a business have some "skin in the game", and in the case of a young, growing corporation, the returns are potentially much greater than if your compensation was cash only. So, Vincent is in his 60's? Maybe he wanted to out-gas on a fishing boat or whatever... Some times stock is sold in order to cover the taxes due on the issuance of stock as compensation... In our case, its payment for services rendered.
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