i understand that i don't have a position in this company,but i'm watching it because i will jump back in at the appropriate time,but still i have to say as a RESPONSIBLE businessman,that a company involved on research,generates very little cash or none at all,therefore in my opinion,the management should take enough salary to support themselves or none at all,until the business generates enough income to support them,instead those guys pay themselves a very rich salary and THEY REWARD THEMSELVES WITH A LOT OF SHARES,meanwhile the PPS continues to fall,now be honest,.how can anyone trust such a selfish management?i don't, and that's why i'm out,they don't care if YOU MAKE MONEY OR NOT,but one thing is sure,THEY DO MAKE MONEY,these are the facts,regardless of what is gonna happen when they announce the results,you're suffering and waiting,and they live in complete confort and no worries,you be the judge
Cat man, that was a insightful post. Hang onto to and re-post it when Z160 news is released.
I don't know whether the news will be good or bad, but based upon the past history of ZLCS, that is the reason I withdrew all my ZLCS money from my Scottrade account and ran, not walked away from ZLCS.
Today the market is up big and look where ZLCS is! Up a measly red cent. Where is all that institutional money that the longs said was waiting to be put into ZLCS immediately after the R/S?
You know...your beef with Z's officer compensation is really about what's a norm for a public company. The PPS behavior is different and apart from most that's under their responsible control; in my POV its a well-described technical formation, that' s all. This could be a instantaneous change in offer range situation... a significant risk/reward ....so consider at least a pilot position for yourself so that you have no greater regret later than a fractionally smaller amount of your risk.