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IBI CORP V.IBI



TSXV:IBI - Post by User

Bullboard Posts
Comment by attila9on Jan 08, 2004 3:15pm
178 Views
Post# 6862438

RE: 17,000,000

RE: 17,000,000Time will tell & we are all entitled to our opinion.Sell if you must but management will do what is in their best interest.I for one think the timing of this announcement was not good for the share price.I think it sent the message we are now going to start looking after ourselves (INSIDERS.)If one really believes that this company will begin to emerge as a market leader & force then a five year option window is like saying we want the share price to increase quickly so that we can get our options as quickly as we can & cash in.I know these people have not been paid & they surely deserve as much compensation as the company can afford to give them.That said because the real shareholders of this company based on the enormous amount of shares they have accumulated are the very people the options were given to(INSIDERS.)I think it is in very poor taste. I think all would have been better served if all shareholders were given the option to buy more shares in the company if they need to raise cash.I really think Gary & the rest have done a bang up job & deserve to be compensated but there have been a lot of other longs out there that will not benifit from the years of loyalty to IBI.I won't complain i have not been long in this security so i guess i will take a small profit & move on.Just when you think you have found a company that really does try to take care of it's shareholders the dream bubble is burst again.Good luck all.You will go out a winner GARY that seems a given now.
Bullboard Posts