Well since you asked...
I can hear the longs sighing now :)
Actually I will keep this short, I am not really in an arguing mood today.
1) Communication with shareholders. Is a Bi-yearly letter to shareholders to much to ask? A little vision. He apparently thought it was a good idea when he signed on.
2) We have no idea many options Scott received with his new contract.(how much less are your shares worth?). He apparently thought it was a good idea when he signed on and disclosed his payment package.
3) We have no idea many options the board members received with their new contract.(how much less are your shares worth?)
4) We have no idea if DR is being payed in stock shares or a % of the deal. (how much less are your shares worth?)
5) Ohh, and I'm not a big fan of the no pump, undersell thing. It is his company sell the crap out of it!
Regarding #2,3 and 4 . I am not complaining about shares being used. It is the cost of doing business. We need a CEO. If he was not able to get a deal signed and we need an advisory board so be it, pay them. If they look at the situation and recommend our best course of action is DR so be it. They know this business far better than I do. I trust Scott and the board made the best decision possible for the company. My complaint is we do not know how many shares are going out to 2,3 and 4.
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