ecneitap wrote:
He is issuing new shares, diluting the company, and not paying anything for them - its a wage supplement - simple as that - and a failed strategy to the detriment of share holders. He did it in 2012 as well yet there was a back lash so the new issued shares were promptly cancelled.
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Yes you are correct, i didnt explain myself correctly,
but to clarify something , he would still have the free issue shares from 2012, refer to ann: 2nd March 2012 , its called an "employee incentive scheme" Stone got issued with 360 million new shares, which means he has $360,000 to cash in, he has not done this as yet, because their is not enough cash left to steal from the company.
So he will have to wait awhile, i was expecting him to take small chunks of money from the company bank account this time,. maybe $60,000 at at time so no-one notices , but he has yet to do this
(the year before in 2011 , i think he cashed in $300,000 of free issue shares around Oct 2011 )
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