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Saturday, December 23, 2023 11:17:49 AM
Yes, the Douchebag CEO is going to give himself a mandatory 6% pay increase in about a week (to bring his salary up to $474,790).
He will also give himself a mandatory 20% bonus (for another $94,958).
That totals to about $570K in salary and bonus ALONE.
That won't include any shares he dumps, his company car, health insurance, interest on loans to the company, etc.
<< I would bet you a steak dinner this time next year you’re looking at an $.08 a share stock at the most.. >>
I would bet that more dilution is coming in 2024 and the share price will drop below 3 cents (and maybe even below 1 cent - which could remove the ticker from the OTCQX, unless they do a reverse split to raise the share price).
![Bearish](/static/images/ih2-bear.png)
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