Replies to post #175897 on Avid Bioservices Inc (CDMO)

[Frustrated]

Sk has nothing to lose. You can write 50 pages all you want. Mgmt does not care about shareholder or stock price. Sk will collect his paycheck, bonus and options whether the stock goes up or not. He will just make more money if the stock goes down and he collects more options at a lower price and then the stock goes up then he would if the stock goes up. Therefore he has nothing to lose. All imo.

[PhoenixRising]

I'm asking because I don't know the answer to your statement "...They could have given him a CASH bonus instead of the options.The fact that he went for the options shows he doesn't see them as a risk..." Is it written in SK's compensation package he has a CHOICE between options OR cash? TIA carpe diem PR

[geocappy1]

Have to disagree on one point. I do not think it is a valid argument to say on one hand for us not to worry about daily pps because we are long term investors and then to give SK and the others a pass on getting additional options each year because there is no benefit unless the pps goes up. Of course there is a benefit. They continue to get add'l options each year and replace the ones that expire. There total keeps going up. Just like us they will benefit when the pps goes up , however, they will benefit more by waiting and getting more shares. There is an ongoing benefit the longer they wait. If their options truly expired or at lest a portion of them, I might agree. They lose nothing by waiting and in fact they gain.

Of course, if they wait too long and the science loses value due to new science or some other reason it could be a misplay on their part. Otherwise, they are gaining more of the company share each year.