RE:RE:RE:RE:RE:Everybody can thank me here Another thought is that financing acquisitions with debt can be attractive option going forward, so less need for a boatload of cash.
I was also going to thank Rosmorduc for all his efforts getting QTRH to accept his plan. But I didn't catch the following points of his plan in the NR:
1) Effective immediately, everybody considered as any type of management in the company will go on a 50% fixed salary (caped at specific values according to level) and 50% stock performance salary (based on stock price threshholds). If you don't like it, leave.
2) 20% of the fixed salary above for management will be used for forced recurring share buybacks per paycheck and management won't be allowed to sell those shares for a period of 2 years from purchase dates. If you don't like it, leave.
3) No bonuses or options will be granted to anybody in the company (no free lunch) for any reason as the stock price has consistently underperformed the market (no shareholder has made money with any buy and hold strategy for almost 10 years and our stock has even underperformed returns from government bonds which is unacceptable).
4) Cut the fat...if you are not essential, we don't need you, you are out of the company.