RE:RE:John Proctor This is absolutely outrageous! The CEO is going to be speaking as the representative of the company to a panel of investors and analysts to talk about the exciting developments in his company and will answer questions as to why they should invest in his company.
The Achilles Heel questions that will surely be put to Mr. Proctor is the following: "So if I might ask, how many shares of MTLO do you own? How many have you bought and paid for?"
This will then be supplemented by the question: "So given your premium to the sector $400,000 salary, what are you really saying when you state you have decided to not one any shares in your company? How is this supposed to instil confidence in investing in your company when you have demonstrated that you have no confidence in the company?"
Anyone in this situation, whether Proctor or anyone else, has ZERO credibility and if anything is communicating why none of the investors or analysts should buy any shares at all in MTLO.
The very fact that something so self evident in the professional investing community is not even understood by the leadership of MTLO, C-Suite and the Board, is deeply troubling. Moreover, the fact that the majority of board members are free loaders with no share ownership just makes the situation even worse.
And seasoned executives like Linton and Matthews have overseen this pitiful situation??? Overseen may not be the right word; perhaps a better word is that they have been derelict in fulfilling their fiduciary duties to the shareholders of MTLO.
In conclusion, there is no way that this presention should be made by someone who has consciously chosen not to invest one dollar of his over the top compensation package into the company that he leads. If he has to be the one presenting, it shoud be in the presence with an employee or a board member with credibility as expressed in share ownership!