Post by
99thPercentile on Feb 17, 2021 11:04am
Goodbye FLT
We got a ceo making 400k a year salary and gets 733k in stock options? On a company that makes negative cash flow? Sounds fishy. For an experienced investor like me, this is a bad warning sign. Ive owned start ups that have done this before and the outcome isnt always great. It certainly can work, but the upside potential is already dimished to pay these idiots their high stock option benefits. This is also a company that brags about no debt and 20 mill in the bank, but pays their board millions and they havent done a whole lot yet. Very fishy or simply collusion by an inexperienced board. Sold all my shares today. Goodbye flt. I really believed in you, but if this is how the board acts now imagine when they make money! All of it is going to the officiers/board. At a time where reinvesting any money available could make or kill a startup. SHAMEFUL. Goodluck to those who stick it out - prove me wrong!
Comment by
jdgreat1 on Feb 17, 2021 11:23am
Good luck. I left a small portion. Will be watching untill material changes.
Comment by
Troffer2 on Feb 17, 2021 12:19pm
I died of laughter when buddy called himself an experienced investor lmaoooooo on stockhouse really? We're all retail here buddy otherwise you're paid to say what you say...
Comment by
Gabriella305 on Feb 17, 2021 3:58pm
This post has been removed in accordance with Community Policy
Comment by
ASROMA1927 on Feb 17, 2021 1:04pm
Zara sold options that were about to expire. Who in their right mind would have let them expire? Anyways... ha
Comment by
jjeerryy on Feb 17, 2021 4:16pm
I have a feeling someone should seek a court order to have you identified so they can sue you!
Comment by
GreekTitan on Feb 17, 2021 5:21pm
agreed! Too much mucking around these boards. Paid bashers and shorters talking bad!
Comment by
pkrash on Feb 17, 2021 7:15pm
You were proved wrong in less than 5hrs. Thanks for playing.