I think you've cracked it with why this zepo scheme is so...

I think you've cracked it with why this zepo scheme is so flawed

- Steve tells us that the zepos are needed to attract technology talent
- Said employees get zepos in addition to their salary
- Distribution of zepos leads to dilution of the share price
- Makes it worth less than what the employees thought it would be
- Value of shares is degraded for all shareholders, including the employees
- Employees put no value in zepos, leave for bigger salary

This doesn't even consider the larger amount of zepos being paid to the C suite and management

This has been a horribly short sighted scheme

What does this say about the management that thought this was a good idea? What does this say about the board that approved it? Was this more to justify giving themselves more shares for free?

Employees would be better off with the previous options scheme

I see Sally Diamond gets nearly 100,000 zepos and 600,000 options exercisable at $1.75. What must she be thinking coming into this board?

If the management and the board couldn't see this coming, then they need to go