RE:RE:Second quarter conference call on August 9, 9 AM EDTI just sent out the following. I doubt we will get and answer in the conference call, but hopefully something is communicated.
Hello, On May 9th, Flyht announced it was granting incentive stock options to employees, officers, and directors. This action appears to have precipitated a 20% decline in the share price. Since then, many members of the relatively large board of directors have not taken advantage of the low share price to take a stake in Flyht. The market recognizes the need to compensate employees and retain talent in the highly competitive aerospace industry. The market also clearly thinks that Flyht is compensating some talking heads on the board of directors, while shareholders are left to dry.
My question is this: After the decline beginning May 9th, Will there be any changes going forward in how the board of directors is compensated, and will there be changes in how compensation is communicated to the market?
Thanks, and keep up the great work.