The BOD are used to dealing with wildly successful companies. They’re also getting compensated way beyond what is warranted, imo. So why not stick around? It’s worth it to them until they see the writing on the wall...
Do so crappy performance wise that the only option you have is to sell equity at a discount to market to get needed cash diluting existing shareholders and pay yourself a bonus for doing so.
Lol this is such a blow to the face to anyone invested here.
The man just keeps collecting at the expense of shareholders.
He's gonna keep collecting bonuses as long as the masses keep quiet and don't come down hard on Verb and question it.
Be interesting to know how Rory feels about himself when he collects big money like this all while investors are drowning financially right in front of him.
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