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Re: Joey Smith post# 61657

Saturday, 04/19/2008 12:44:15 AM

Saturday, April 19, 2008 12:44:15 AM

Post# of 152299
The better questions are what are the terms of the stock bonus plan (s), who gets how much, not just the top executes but all who receive stock bonuses.

The terms would include, what the bonuses are awarded for, i.e. for benchmark goals to improve what is in the realm of the employee to affect, are they issued at a discount to the present market value, what is the vesting period.

I must admit that most of this is not fully disclosed in the quarterly and yearly reports, or if it is it is pretty well buried.

The first and foremost issue is disclosure.

It is to be noted that stock options issued are not counted as outstanding stock unless they are "in the money" or likely to be exercised, so there could be billions more options, that will not get shown until say the stock gets to 30.

These are the questions.

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