It appears the top three Executives have been given 373,000 free shares in the last two years. Since the total available = approx 7.3 million shares these three were given 5% of the company. What board gives away that big a chunk of the company. It appears the CFO got 85,000 gratus shares. Did the performance of the past two years warrant such a generous reward?
Stock may settle as low #$%$ 4.50 and then Buf Wild Wings could scoop them up.
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.