Post by
whisky11 on Dec 16, 2020 7:32pm
Randomtask don't drink and write
We all know that the company had to spend cash to redirect business. So they have to be very careful with the cash. If they pay bonuses and salary with cash they will have to go PP and dilute shares. Since SP got beatings and is undervalued , bankers financing PP would benefit from proceedings.
What's happening now? Employees of Namaste going to benefit from getting stock options ,not a bankers, not brokers.
And they will make extra mile to help Company to prosper, and then stock price will go up.
Comment by
steveM45 on Dec 16, 2020 9:37pm
Finally, you admit they had to pay staff in options due to the lack of cash. It's a small step towards reality, but it's something...good for you
Comment by
Ninjabujinkan77 on Dec 16, 2020 10:43pm
the pay out on options was a sign of employee commitment and shared vision of future endeavours... the several million in the bank is sign of conserved cash!!!