Not unlike Warren Buffett, I wouldn’t give shares to anyone. You want in then you buy in, the same as every one else. I’d consider a very cheap finance structure, maybe a sensible employee type discount but nothing more. I would also ban company issued options or warrants - just corrupt balance sheets and future capital raising, all at shareholder expense.
What happens in the public space is that insiders ever “peer bench mark” their salaries higher (paid for by shareholders) and then the insiders just issue themselves more shares when they feel they need to. In addition, as we’ve seen at REE twice, when they think they’re in a good thing and really should buy some because it’s not freebie time, they initiate capital raises that dilute shareholders.
it’s a corrupt merry go round.
as far as reasonable salaries, REE hasn’t done anything yet. I would suggest that our people are already paid very nicely for no current achievement.
(20min delay)