Straw, I don't know about you but I'm getting tired of this job, and I don't see how the end game is going to work.
Like you, I have been working these boards for over five years. At any kind of decent wage, (including benefits and a good 401K) I've got at least a half a mil coming to me for my efforts.
The problem is, that I don't see how the payoff is going to work.
As you know either collectively or even as individuals we can't own more than 4.99% of the OS without making a filing and becoming 'known'.
Since there are about 100 million shares out right now, if we were to stop holding the price down and let it run from here we could collect about 5 million shares and stay under the radar. Divided among all six of us would give just under a million shares each.
Do the math, just to break even and 'make wages' the pps will have to run up to 50 cents a share. For a profit and some return for six years work and whatever the boss expects, it will have to go a damn site higher than that.
Collectively we are about $3 million in the hole and banking on making a killing of a company with a capitalized value of less than 60% of that.
What the hell are we doing? What do you think they are up to? Have you heard anything?
I'm getting fed up.
frog
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