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was BearsnBulls

09/22/08 8:52 PM

#12477 RE: doodlerose #12476

If he is taking shares in lieu of wages, I wonder if he gave himself the same sweetheart deal as the directors did on the back wages. You guys remember that one? The paid out shares were discounted to 50% of the current pps. There is no reason to believe he wouldn't do it again.

BUT, this is all just speculation. We do not know for a fact that he is taking shares for wages.
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Mark A

09/22/08 8:53 PM

#12478 RE: doodlerose #12476

Then "Doodlerose"
If what you say is true....Dillon is breaking major SEC laws. (Please..no lecture on SEC and the current problems and their laws))
The reason for form 3's and 4's is so investors can see what each person "in the know" holds. If a director or management holds shares in an account that can't be traced or attributed to them...this is a major violation. I really doubt Dillon is doing this.
Why is it so hard for people to believe that Dillon has sold or gifted all his shares. Doesn't really mean much. I believe.....a CEO should not hold any shares....so his performance is based on what he does. I agree it gives him an incentive to perform.....but most CEO's are given options so if they believe in a company they can buy them on their own at a given price in the future. Obviously EXBX doesn't have this in place.
So I am afraid your reply is mute.