RE:At least there is ONE positive thing that has happened... Dante et al,
Focus your attention on private sale of shares and then Payne's purchases and then ask yourself how does he afford to do it and and why?
I will bet that he is still in the market trying to keep the SP from tanking.....
The whole thing falls apart when the TEAM's options begin to appear worthless (and that is getting closer by the day)...... No more ability to re-price either as that will attract far too much scrutiny.
Some chat rooms that are discussing this practice and believe he thinks its his get out of jail free card....."look, I kept investing the whole way down with my own money, protecting shareholders from what might have been!"
Its a win win for Payne et al. They vote themselves big salaries and lots of options. Payne gets the most of each category.
He uses some of his payroll/consulting fees to buy shares at rock bottom prices which increases his holdings instead of reducing his salary to save the company money.