@BigEasy28 if you're going to tag me and quote me then at least...

  1. 9,937 Posts.
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    @BigEasy28 if you're going to tag me and quote me then at least get your story right:

    "“Are management stopping these prospects from signing is that what we are saying?”

    Yes, to lower the SP and take the company private according to @opel24v."

    So I believe management are stopping these prospects from signing?
    I'm more concerned that most of these prospects aren't even at the starting line.
    As for closing deals, a part from SIOI, who joined us before David, we haven't had a signature for 2 years. not since the MOU with Wyon has any company made their commitment public. As for Mercedes we hope for the best. They at least paid us for product. I'm still confident of Mercedes one day getting over the line. The addition of Fabian has strengthened my confidence in this.


    "Yes, to lower the SP and take the company private according to @opel24v."

    It's a possibility that was raised by other posters that I agreed could be a possibility. One that I really don't want to imagine.
    The other is the company is taken over at rock bottom prices.

    Why could the SP be getting suppressed?

    My top 3 possible reasons ( there are more )

    1. David's package is equity based. ~750k per annum. So ~300k is equity. He's amassed 50,000,000 options so far. The lower the SP the more equity he has for when it re-rates.

    2. The top 20 is a very loyal bunch and want what's best for ADO. They had too much have control ( voting rights ).
    So how do you fix that? Dilute them out.

    3. David has made it very clear he doesn't like shareholders or being held accountable. How do you fix that? Dilute them out. He also removed his self imposed public KPI's so we couldn't measure his performance.
 
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