Replies to post #20333 on YRC Worldwide Inc (YRCW)

[Newhampsha]

We all know it is a matter of time. This company is NOT going anywhere, it will be a great company again. Rome was not made in a day, and you cannot UNF*ck what the dumb bastard Zollars f*cked up during his tenure as CEO. Excuse the anger, but he is behind this whole failure IMO. I have been watching this company for many years, most as a customer. It has made me ill to see this happen.

NH

[yesmistermorningstar]

This is what really puts me off;

We held our annual meeting of stockholders on April 29, 2014 (“Annual Meeting”). At the Annual Meeting, the holders of our outstanding common stock, Series A Voting Preferred Stock, Class A Convertible Preferred Stock (“Convertible Preferred Stock”), 10% Series A Convertible Senior Secured Notes due 2015 (“Series A Notes”), and 10% Series B Convertible Senior Secured Notes due 2015 (“Series B Notes,” and together with the Series A Notes, the “Convertible Notes”) approved the YRC Worldwide Inc. Amended and Restated 2011 Incentive and Equity Award Plan (the “Plan”), including the material terms of the performance goals under which compensation may be paid, which is intended to meet the performance-based compensation exception under Section 162(m) of the Internal Revenue Code, as amended.