Well... I own 20000 shares and i`m down 87%. To say i`m a tad...

Well... I own 20000 shares and i`m down 87%. To say i`m a tad peeved is an understatement. To say i`m in favour of some sort of lawsuite is more accurate.

Now my theory is this; they exercised the options for two reasons. Firstly, if tehy didn`t the compay would become insolvent, aka run out of cash. They have benefited nicely from generous salaries whilest destroying my wealth. Kind of a payback mechanism to ensure the company to continue into the future and it avoids a firesale of beatrice while maintaing their jobs. Also looks like they are acting somewhat altruistically.

Second theory is that they are so completely irrational as to think that exercising options like that at the current share price will send some sort of `buy` signal to the retail investors. We all know the institutional investors ran a long time ago.

Proof once again that our company is being run by tards...

This is also one of teh most ridiculous `donations` i`ve ever seen.

Would a rational self interested utility maximising agenthave exercised those options?

Please someone come up with a better theory, humour me.

BTW, i intend to hold my AAE, just so i can vote against management at the next gneeral meeting. DYOR.