Quipt Home Medical Corp T.QIPT

Why Richie Capital dumped VMD-Quipt down same path?

[besttobe]

Here is what Richie Capital Group had to say about Viemed Healthcare compensation plan....

"We exited our position in Viemed Healthcare (VMD)

Another concern was their handling of executive compensation. From the beginning, I was frustrated by management’s insistence on adding back options grants to their reported Adjusted EBITDA numbers. Option grants are a real expense and should be treated as such, and so we made adjustments to our own internal numbers. Furthermore, I observed that their options compensation for executives was much higher than should be for such a small company. Management continued to grant options despite the company’s underperformance during the pandemic. I realized that as the stock continued to decline and those options lost value, management would be forced to issue even more options (diluting existing shareholders) or risk losing executives seeking greener pastures.

 

[HatrikSeLaine]

It's called Stock Based Compensation - get over it.   Just curious, how many NASDAQ listed companies posting annual revenues over $100 M, don't offer SBC to Senior Mgmt and Executives?

[Criktwo]

When you are making 5 cents per post, I make a lot of money with the shares... lolllllllll continue big clown

[sebraz]

sad how hard you are trying.. VMD and QIPT not the same. Growth rate not even comparable.

[Carlito3311]

This post has been removed in accordance with Community Policy

[Carlito3311]

This post has been removed in accordance with Community Policy