Furthermore, management simultaneously filed an 8-k last Tuesday authorizing a new employee stock incentive plan to the tune of 7 million shares. This plan represents nearly 8% of the current float, which is way too generous; employees can have the proper incentives without giving away the store. Management seems to agree because it hid this filing behind the press release as if it wanted nobody to notice. Something smells fishy.
Can you present a copy of that 8k or give us a location where it can be found ? Also am interested if you can locate when the first mention of the Castle and Cooke holding appeared. I was unaware that they owned this much stock! Thank you for your help.