Hmmm “one year” hmmm Ricky Eno CEO for one year..owns a milly shares lol. He wanted to keep his organization (and job and salary) in tact through SISP. Clearly he didn’t favor the firing of the entire staff. It didn’t work. If I was interested in what bioamber was doing but not who was doing it I’d want to know the best way to get in there with the most control. Big money needs big control over that money.
I’ll admit it’s an assumption.
I’d also want to know how to get the biggest and best package. Hey, we as shareholders are a vehicle to obtain a somewhat endless stream of funding. What shortsighted billion dollar company along with some scientists wouldn’t want to also gain access to more money in the future. Maybe the cost is steep as some say but it’s a whole lot better than an IPO. We are a liability but we also allow access to so much more. This has potential to be a big success story for the buyers (foreign entities, small and somewhat unknown private tech company)... we’re just along for the ride.
People keep trying to pick out little facts that create fear. Why though? To get people to sell shares...which is becoming harder to achieve. Why would anyone need shares? To cover? To accumulate? Both? I don’t know.. there’s just so much more happening on the inside than we can possibly know...
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