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Re: WALLnut post# 167372

Friday, 10/20/2023 7:20:48 AM

Friday, October 20, 2023 7:20:48 AM

Post# of 180828
He bought all 9 million + shares? If that is true, he is even a worse businessman than I thought.

Normally, CEOs and other BOD members of small start-up companies have shares given to them as part of their annual compensation or otherwise given to them as bonuses, etc. The gifted shares incentivzes company leadership to create value for the company, which benefits them much more than their salary in the long run.

I would have to do more research to see if all of those 9 million + shares were purchased - hard to believe that is true. Also, if that is true, those shares weren't purchased in the last 2 years, with the exception of this last 100k.
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