RE:Goodbye FLTI have a feeling someone should seek a court order to have you identified so they can sue you!
99thPercentile wrote:
We got a ceo making 400k a year salary and gets 733k in stock options? On a company that makes negative cash flow? Sounds fishy. For an experienced investor like me, this is a bad warning sign. Ive owned start ups that have done this before and the outcome isnt always great. It certainly can work, but the upside potential is already dimished to pay these idiots their high stock option benefits. This is also a company that brags about no debt and 20 mill in the bank, but pays their board millions and they havent done a whole lot yet. Very fishy or simply collusion by an inexperienced board. Sold all my shares today. Goodbye flt. I really believed in you, but if this is how the board acts now imagine when they make money! All of it is going to the officiers/board. At a time where reinvesting any money available could make or kill a startup. SHAMEFUL. Goodluck to those who stick it out - prove me wrong!