CEO TOM's real reason for the RS was to eliminate larger shareholders, of which I was one. I know exactly what his intentions are here. The float was absorbed and he couldn't get his stock to move up, and he was done throwing $ at it to move it up, and those of us who owned six figures worth of stock were competition in his eyes for when he wanted to sell off his shares which included 700 million shares that he bought in his ETrade account.
As I said, this was a dick move to eliminate large investors that he determined were in his way, and the 1:1000 RS and convertible note to himself was the perfect way of shielding himself and his $$ investment from a plummeting PPS post RS news and RS.
It keeps him in full control of everything.
Smoke and mirrors.
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