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Famous Dave's of America Inc. Message Board

  • glb1943 glb1943 Apr 21, 2013 7:35 PM Flag

    Management hands out 89,000 free shares to themselves in 1st Qtr 2013

     

    According to internet financial info FD has approximately 7,520,000 shares. Insiders own 1,780,000 shares.
    That leaves 5,740,000 shares for others. Most of those are held by institutions. During the 1st quarter three officers were awarded 89,153 free shares worth $ 958,000 dollars at recent share price. Those 89,153 free shares equal 1.5 % of shares not currently owned by insiders. It will be interesting to hear what the 1st quarter 2013 profit is for this company.

    Sentiment: Hold

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