Replies to post #2407 on Synergy Pharmaceuticals Inc fka SGYPQ

[nsomniyak]

I see it differently.

I sure as hell hope he is out for himself, as he gets a bonus of (at least) $95MM if the company is sold for an enterprise value of at least $2B (I think that would be about $12 per share minimum, but don't quote me on that).

I think this aligns his objectives perfectly with mine - get the company sold for maximum value, and take whatever time is needed to do so.

I think this incentive is a huge "tell" indicating that SGYP's preferred exit strategy (as evidenced by the actions of the BoD and management) is a buyout.