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TinyPineTree

12/22/11 5:09 PM

#219558 RE: observeriiii #219557

observeriiii....yes, I was upbeat when I read that also! I think this will prove to be a nice addition to the BOD and provide much needed diversity of opinion, experience, and balance. I am ready to watch Wave grow and expand and with it the value of all our portfolios!
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tkc

12/22/11 6:03 PM

#219560 RE: observeriiii #219557

observeriiii, while that's certainly a possibility, I'd speculate that it's much more likely that appointment is a "sweetener" providing an additional stipend w/ paid business expenses for nothing more than a couple of conference calls a year. Extra bucks so he will be "understanding" while serving on the compensation committee. But yeah, I'm a realist and a skeptic. Such appointments are not unusual at all, especially for a family controlled business. Trust me, the family is not going to change or give up control. Actually this type of thing should now be expected behavior. I believe it is and is the major reason the share price continues to struggle and why there are so many shorts. Others see the glass overflowing. To each his own.