To the board, I will be as blunt as possible. This options program is nothing but a farse. To think that the ONLY positive rebuttal to dozens of negatives and massive dilution is "trust management". And many of you guys bought that. Don't get emotional here. Stay rational and think, think, think about what this does to your investment.
Doowop is a great guy, but his post is manipulative. He does not address one negative aspect in his post. All he did was say to trust management and that Seagate thinks Wave is great.
What does that have to do with an exhorbitant options program to milk the fat from YOUR investment?
The caveat is "Oh, Wave may not succeed without the options program then." The STX drive will still release when it releases. Wave will still sell ETS this year. Wave will do fine!
When Snackman, Doowop, and the other combined SKS followers cannot come up with anything good to say except trust management, you don't vote yes, you vote no.
Even SKS can't come up with anything except Australian territory manager. Australian territory manager? Come on!
I come to this board this morning expecting to see a lot of people staunchly opposing this proposal. Instead, I come here and see nothing but SKS-stalwarts singing the praises of massive dilution and trust in the face of a decade of missteps. I am deeply sorry Weby, for going against the grain, but I have never been a follower. I have to speak my mind. This issue is too important to censor. I am dissident in this case.
AI
