Charlestowne Premium Beverages Inc. (FPWM)

[otterman]

I agree that 4 million share per year compensation is not unrealistic (given the price of the stock over that period), but according to BJW, LB has not sold any shares (of the 23-27 million). So am I led to beleive that he got paid nothing for all that time he put in? (Excepting for the amounts he owed hasher and others which Im sure went into his pocket instead).

The worse news has been the falling stock price. It leads to larger dilution. Im sure there would be less objection to LB's shares, even if the majority had been issued at $1+ each, if PTI's stock price was above that value now. If you retain a CEO for $150,000 per year (paid in shares) and your stock price is $5 then you only issue 30,000 share per year. If your stock price is 10 cents, you have to issue 1.5 million per year. I think the biggest objection to LB's missuse of this company is that even now that he is gone, we are left to live with his diluted legacy. Much harder to build a company with 130 million O/S that it is with 20 million O/S.