I would say that you don't understand what skin in the game means in terms of directors interests.
It is generally understood to mean that they stand to gain greatly from the success of the company. They don't have to and usually haven't bought the majority of them at market.
I'm surprised you don't know that.
Frank will get extremely wealthy if the stock price goes into the multiple dollar levels. Do you dispute that?
So will Ben Mead, he has nearly 5m options and shares. the options exercisable way below current SP value.
Does a $3.92, $4.92 or $10.92 share price make them very well off people indeed. So well off they don't have to work again?
So in terms of skin the game and the associated motivation that provides, you are wrong. IMO.
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I would say that you don't understand what skin in the game...
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