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Posted On: 01/10/2018 11:57:25 AM
Post# of 75357
Re: Thczinvestor18 #41130
For established corporations, sure, CEOs expect a big salary and options. Start-ups like RMHB are different. I do not have any reason to believe Welch is a super-rich guy with a super-rich guy's financial expectations. Start-ups like RMHB are often run by entrepreneurial types who defer payment in hopes of striking it rich some day precisely because they're not rich already.
Just because someone's name is on a document that makes them look important, don't assume they're smart, rich or qualified. The world just pretends to work that way.
That said, I agree: These recent purchases are an indicator of management faith in the prospects of the company. It's a good sign, one to take heart from.
(And I'm not suggesting anything negative about Michael Welch. He appears to be solid and competent.)
Just because someone's name is on a document that makes them look important, don't assume they're smart, rich or qualified. The world just pretends to work that way.
That said, I agree: These recent purchases are an indicator of management faith in the prospects of the company. It's a good sign, one to take heart from.
(And I'm not suggesting anything negative about Michael Welch. He appears to be solid and competent.)
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