$27 million in stock based compensation for a company that only did 11 Million in sales in Q2 - Any one else think this is excessive? - Obviously the board does not feel that way..... Who is looking out for the shareholders? Other numbers for the quarter looked fairly good except decline in order book and increase in inventory will create challenges in Q3 -
Wow, $27M compensation. I got nervous and started to listen to conference webcast. Patricia's English is pronunciation is not best, but one can clearly hear 0.7 Million. Not a shadow of a doubt. She said "point seven million". Just to be sure I checked the financial report. In "CONSOLIDATED STATEMENTS OF CASH FLOWS" under compensations is $694,000. That is six hundred and ninety four thousand. Patricia rounded this to point seven million. All is fine guys. No reason to "distrust" anybody. I have to say that these Action guys have always been on the level and I have never noticed any shenanigans.