Replies to post #237180 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

I kinda got the impression there was some reluctance to invest amongst the board of directors. Almost like they felt the harbour was unsafe.

Solms is checking all the boxes. As dig has just shown, he is willing to invest in his own decisions.

[mymoneybgone]

Player, quite a few years ago I can remember trying to rebuke those claims that they could not buy. I was following CECE at the time and they were nailing down million dollar after million dollar contract in China for their pollution control product. President, directors etc were all buying on or either side of the day the news was put out. A good chunk of those posts of mine were deleted.

[waveduke]

Player,

take it from Munger:

"This is how Warren Buffett’s famously blunt partner Charlie Munger last weekend characterized the relationship between the board’s pay and CEO pay:

'You start paying directors of corporations two or three hundred thousand dollars a year, it creates a daisy chain of reciprocity where they keep raising the CEO and he keeps recommending more pay for the directors.'"