It’s 85 million shares you are voting for, not 2
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Posted On: 09/15/2020 4:47:46 PM
Re: chazzledazzle #55948
It’s 85 million shares you are voting for, not 25 million.
It’s 25 million initial shares plus an additional 1% of outstanding shares each year.
So of the 100 million shares we just authorized they want to earmark 85% of that to executive compensation.
Let that sink in.
Hard NO from this investor.
Quote:
Thank you. I get that part now. 25m out of the 100m.
I’m glad I voted to approve the 100m. Thus far not used? That I know of.
It’s 25 million initial shares plus an additional 1% of outstanding shares each year.
So of the 100 million shares we just authorized they want to earmark 85% of that to executive compensation.
Let that sink in.
Hard NO from this investor.
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