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Famous Dave's of America Inc. Message Board

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  • bribeavis bribeavis Oct 26, 2012 8:14 PM Flag

    Executive rewards

    If I'm not mistaken there are like 700k more free shares worth of awards waiting to vest. So, if those are given out, the outstanding share count will be more like 8 million. This is why debt is high. They are using debt to buy back RSU share awards ect. Seems they've learned nothing from 2009. Until I see a sign of debt going down I'm on the sidelines. This economy ain't getting better, and I'm not drinking the cool-aid being handed out by the govt. At least if debt is paid down u don't have to beg a bank to stay in business during a crisis.

    Beavis

 
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