Comment by
Jaytee123 on Jun 18, 2023 12:19am
AND he only gave himself 1.5 million options for the next 6 months.
Comment by
MrForthright on Jun 18, 2023 12:40am
Smoke and mirrors. He tought to he could promote the stock up and finance the company through options (as per his manifesto) in the short term. That CEO is so inexperienced that he makes bad capital markets decisions at every turn and damages the company and the shareholders as a result.
Comment by
MrForthright on Jun 18, 2023 12:36am
While for tax purposes one may ascribe a value for shares issued for worthless websites, from a cash perspective, it's a huge win for Steve The Seller and a big loss by dilution for the shareholders. Who does such a thing?