Interesting question re: the director Singer. If he received 5,000,000 shares what was value when received, and what will value be if he has to hold six months ( or was it covered under s8m, but presumably he has to file form 4 when sold) ? As director there are some duties, and some liability associated with the position. What is reasonable compensation in your opinion for that position ?If he didnt sell I wonder who will tax the tax hit on fair market value of shares when issued ?
The reverse doesnt seem to have met management's expectations. What is your opinion why it hasnt ?