My guess is that these warrants were issued to close confidants of current management like Shay, Orr, Landstreet, Orzak, even Sheikh and Lonsford in exchange for assurances that they would cast their votes for Nader.
Pay to play and Nader is holding the purse strings. Nine million shares just walked out the door, making us all a little poorer just so they can stay in power.
"seen many Biotechs that are small and Pre-revenue"--with all that experience do they all seem to pay their CEO a salary of a $$ MILLION dollars and stock options and stock on top of that salary??
Do those companies that you see--do they mostly have 2 or maybe 3 or 4 financial officers on payroll??
Do you see most of those companies have to find a shareholder to claw back from their CEO because of unjust enrichment??
In Pacific Northwest, only Nike CEO made More e than Nader’s $10million in comp last year. How can that be reconciled with the reality of no successes?