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Thursday, January 19, 2023 4:31:01 PM
As for salaries being too high, I have no opinion because I always go with the theory that if I don't like what management is doing or what the board of directors is doing I sell the shares or never even buy them to begin with.
I do agree that CEO and CFO pay package is too high considering the company is losing money, but on the flip side they don't own and shares of RLBY which means they don't get rewarded if the stock goes up, but with the tightly held stock and Doki legal issues I don't see the stock going up anytime soon.
I also am starting to think that the Board of Directors are worthless for this company because what if any value have they brought to the company.
I am very close to saying that Reliability either needs to be sold with Doki's debt forgiven and their shares being negotiated and cancelled before the sale or given back to treasurury so whoever acquires Reliability does not have to deal with Doki's legal issue, or the board of directors needs to make a management change to give the company a different approach with Doki and that group and even more importantly the business. Revenues are not impressive and bottom line numbers are not knocking my sox off which really means even without Doki's in the picture I don't know who would be buying the stock.
Recent RLBY News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 01:36:53 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:20:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 09:30:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 08:56:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 05:18:54 PM
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