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Wednesday, March 07, 2012 12:02:50 AM
He also mentioned the chat boards! LOL!
Yes, he said he sometimes checks chat boards to get a feel for what people are thinking, and is surprised at the theories people come up with about dilution. He mentioned anyone can call Madison to find the share structure info, as they're ungagged, and even mentioned the # of outstanding shares earlier in the interview.
He also mentioned that other companies protect their top executives and board members from the effects of dilution, but that he thinks that's wrong, even though it's allowed. He doesn't do that, because he thinks those in charge should be motivated to do whatever they can to avoid dilution.
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