Someone here said we should use options to attract 250K salesman away from other companies, with options, to have them work for BLTI. I say we should fire 250K salesmans and hopefully have them work for competitors and replace them with 50K-25K salesman, since the products sell themselves.
All the hard work has already been done at BLTI mostly in the 1990s and 1980s.
Most of you morons, come from the rip off class. You are so use to ripping people off you come to consider it normal. Why did Al Haig, make 100 million at AOL sitting as a director on the board via options when he knows nothing about computers. Why did George Bush make millions on Harken Energy stock, sell it before earnings and watch the stock drop from 100 to 0.64. It is all called STOCK OPTION fraud.
If 70 percent of the stock holders vote for options, why don't you do a 9/10 reverse split on those that voted for the options. And put their shares in a pool so they can give them out to their lackie friends.
Another question is why has the stock market been flat? A lot of it has to do with market cap going up and earnings per share dropping due to options. Since stocks are placed on the S&P500 by market cap.
I just want to clean house of option lovers now to save us all 1000s of dollars in the future, and what is socialist about that.
See what happens when a labotomy goes badly? A good surgeon armed with a laser gone mad. Such a shame. Oh well, at least we can offer Con-Bio a top candidate for their management team. Bill says "Your fired! And you and you and you, you scumbag..... Let those lasers sell themselves. Bring on robots. I hate people."
Pizza delivery men can make 25-50K in California, my friend. You are so out of touch with reality it's frightening.
250K is also ridiculous, BTW unless the majority of it is commissions... and in that case you better have sold a s**tload of lasers and truly earned the money.
Employee incentive stock options have a valid place in the technology industry (and other industries as well) as a form of compensation. Stock owners own the company, that includes all equity and all cash. You can compensate with cash... you can compensate with equity... it really doesn't make a huge pile of difference one way or another if done properly, and it helps to have compensation tied to company performance to some extent. Just like sales commissions, for example.
Your only arguments against options always bring in some kind of fraudulent example. Fraud is a crime, compensating with options is NOT. I suggest you stop equivocating between stock option grants and criminal behavior, because it is not logical to equate the two regardless of the criminal behavior of others in the past.
"All the hard work has already been done at BLTI mostly in the 1990s and 1980s"
BillB, this in turn show how ignorant youj really are BLTI did not even trade publicly until 11/12/02.
"since the products sell themselves."
the podcucts BillB DO NOT sell themselves. Thus the heightened and huge presence at trade shows.
"If 70 percent of the stock holders vote for options, why don't you do a 9/10 reverse split on those that voted for the options. And put their shares in a pool so they can give them out to their lackie friends."
Because you can sell your shares, and always have the right to do so. and so can they.