RE:RE:RE:RE:RE:Here's my estimate of how much $ they lost in 2021Here's a little wrinkle with a takeover. Recall my earlier accusation of management entrenchment...
Len (CEO), Warren (CFO), and Des (VP of something) have change of control clauses in their employment contracts and would receive $2.6 million, $0.8 million and $0.7 million respectively. So, an extra $4.1 million on top of today's market cap of $18 million is required if E is taken out.
Those change of control clauses equate to 30 months of salary. So, the top 3 guys pull in collective compensation of $1.2 million on annual revenue of less than $19 million. To the moon, baby!