The Tyranny of Executive Fiat: Crest version of Companycide Sep 10, 2019 — So what does that term mean, “executive fiat”? ... According to the Cambridge Dictionary, a fiat is an order given by a person in authority. The word ...
Similarly, and by Exeecutive Fiat on about 6.03.2021 you were fleeced of about many MM shares of CRES stock and ~6.5 million shares of stock from the companies investment portfolio, resulting in ~50% loss in value of Cres stock.
This was done by a perverted sense of approval by SH's for the RSU which was then replaaced by an alternative EX FIAT plan. All done to reward mismanagement and certain key employees. TAKE FIVE!