Happy New Year to all and let's hope for a safe, h
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Posted On: 01/03/2021 3:31:12 PM
Happy New Year to all and let's hope for a safe, healthy 2021.
The next few weeks are going to see an slow increase in the stock price. This is because employees were paid $6 million worth of stock ( approx 30 million shares). Mark my words, there will be some positive PR's to make this happen.
Below is the proof from page 59 of the 10Q.
"The increase of $8,221,133 is primarily due to bonus compensation of $7,005,416 to be paid in approximately $1 million in cash and $6 million in stock."
Btw, how many of you would pay yourself $1 million in cash and 46 million in stock, if you lost $14 million? I'm guessing not many!
The next few weeks are going to see an slow increase in the stock price. This is because employees were paid $6 million worth of stock ( approx 30 million shares). Mark my words, there will be some positive PR's to make this happen.
Below is the proof from page 59 of the 10Q.
"The increase of $8,221,133 is primarily due to bonus compensation of $7,005,416 to be paid in approximately $1 million in cash and $6 million in stock."
Btw, how many of you would pay yourself $1 million in cash and 46 million in stock, if you lost $14 million? I'm guessing not many!
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