Post by
whisky11 on Jul 20, 2022 8:07am
No, 2 million shares ain't for free
they get percentage off wages in shares instead of dollars, Company keep cash insider get shares.
@randomtask you have stupid comment on simple problem. If insider buy 2 million shares it would influence stock price, if he buys shares and have undisclosed information he would end up in jail.
But now ,he got two million shares and it's legal
Comment by
randomtask on Jul 20, 2022 10:00am
Insiders could buy shares if they wanted but don't because they know it's a waste of their personal money. Since the company is running out of cash they've been paying employees with shares. These shares were more of those free ones :)