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Posted On: 11/28/2018 8:42:02 AM
Post# of 40990
Re: riblindman #21659
You have to put yourself in a ceos shoes. All ceos are granted preferred shares to do with what they wish when they wish comes with the compensation package. this is nothing new happens in the OTC and happens in every single stock exchange and in every POS company that runs out of a garage to fortune 500 company's. doesn't matter if the company is bringing in the revenues and has billions in cash reserves executive officers of a company have to right to sell their shares. You think the CEO of say a multibillion dollar health care company doesn't sell their granted company stock at least once a year? it's just that in a billion dollar company the hit to the share price when the selling begins isn't noticable as it is in and OTC company.
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