Can someone please explain to me how the corporate officers got so much stock for "$0" when this stock has killed investors? There may be a rational explanation for this that we're not aware of. Some of you who really follow this stock please explain why this has happened.
You missed my point. Sherman got 4,000,000 shares for $0 and Gautreau got 1,000,000 shares for $0. I want someone to explain to me why they get shares for "free". Most companies that give shares to insiders make them pay something for like "book value". I was involved in starting a company and the board members and officers get shares, but they're only redeemable for them at the book value at time of issuance of the stock option. That seems much fairer to shareholders than paying absolutely nothing for the shares. We're talking dilution of sharholders that paid in the $40's for this stock in the past 12 months.