You lost the way man,allready a long time!!!
Don't understand why you keep on defending that "desastrous" management.
Of course they will do everything to keep on going, look at their remuneration + options without the risk a shareholder has....!!!!!
Ridiculous, laughable, even criminal????
SPCEO1 wrote:While you are correct they cannot know 100% in advance if TH-1902 will succeed, they do have some expectation of success or they would not be bothering to proceed. So, the question then becomes what percentage chance of success is high enough to justify the board's effort to keep the management team that brought TH-1902 close to a first level of success in place at a high cost? It seems to me the board must think there is a pretty high chance of success or they would not have given out those big option grants and bonuses. That is the positive and bulish interpretation of this compensation info. Hopefully, it is the correct interpretation and not just another fleecing of shareholders which is sadly not atypical in the corprate sector.
If I have accurately discerned that this is what the board is actually doing, they probably should communicate that to shareholders before people start voting. It is in their own best interests as well as ours.