RE:RE:RE:News outBy saying they belong in prison I am saying that what they have done to other people, while not illegal, is far worse than many people that are in prison. In essance they're stealing other people's money or at the very least taking advantage using every method to do so.
There is zero reason to be giving vern 2.5M options. That is insane. The guy is getting promoted we didn't pouch him from another company. Same goes for DR why he gets 250K in free options is beyond me. Worse than that is giving themselves sweetheart PP with free warrants. WTF do they need money for? They should be focused on one thing and that is paying down debt and collecting from companies that owe money. When they go to renew the debs they're not going to be at nearly as good as a rate and with their track record they're barely earning above the debs/SG&A.
You can only blame the CEO so many times! All the other people are at fault as well. McLarty's deal might not be too bad if it avoids him getting money in a year once he gets fired/leaves and takes a bunch of money. Unfortunetley, I think he just wants a free loan so he can collect a ton of undervalued shares with warrants to boot. Must be nice!
From my coversations with the company, and there have been many, I've never once heard any praise given to Catherine but she collects her $300k salary. Yes she has a ton of shares from her Troon days but I'd like to know her value.
Honestly if you axed everyone from the company but a CEO and CFO and paid down debt and did 4 deals a year you'd be better off. I'd love to know what they fill their day with. How hard is it to go through SME that want money? They're not going to have complex financial statements.
As you can tell I'm beyond frustrated with these misfits. This is so undervalued but run by a bunch of incompetant individuals.