RE:RE:Shareholder Proposals for 2022 AGMDocPat wrote: I agree, the 25 cent options did not then and do not now pass the smell test and were not representative of the trading range of the stock before their issue or ever since.
I would suggest to the Board and management that they need to cancel these options and perhaps replace them with 45 cent options this time around. To show their fiscal resposibility the management needs to take a 25% wage cut and suspend Director compensation entirely.
Further, to show their own faith in the company the management should take at least 25% of their reduced financial compensation in stock purchased by the Company out of the market.
I trust it goes without saying that there should be no bonuses paid this year.
Belt tightening is long over due.
Doc.
Why should there be any options issued at all? for what? or salaries for that matter? Even when a company has a viable business, options are scraped off of shareholder's backs.