OTCPK:MEAOD - Post by User
Post by
Geodan2on Oct 30, 2015 2:12pm
115 Views
Post# 24244412
Lack of owenership by management is conflict of interest
Lack of owenership by management is conflict of interestThis deal dilutes owners by about a third, huge dilution. But since mangement has such a tiny amount of stock, if they dilute it does not hurt them, it helps them. The cash availble for their salaries is more beneficial to them than the value of the stock is.
So for them the deal makes sense, unfortunately.