Who here considers the severance package designed for the Mad Catz CEO and Execs to be nothing but looting? I do. I don't care if it was a contract. The Hitler Youth signed a contract.
of traveling the world with a pleasure squad, getting fat on the hog!!! Great news for MCZ!
seems management (Darren and Whitney) was over concerned with who owned the company's stock. why would that matter? did they need to know who their "adversaries" would be?
Your brokerage firm collects a small "loan" percentage on your asset and you get nothing. Its what class action lawsuits are made for.
Complete the necessary paper work and threaten to sue if your shares are loaned out.
Maybe not saying something is saying something...
rather expensive funeral! Darren went out like an Egyptian Pharaoh with million$ in his tomb. He stole that in my opinion. Shows his and the others' character. They probably stole many millions more and should be put in jail in my opinion.
at .20, bringing float to roughly 100M shares? Someone gets 1/4 of MCZ for $5M? Can they raise that?
Most of Mad Catz's generic biz to Gamestop has gone to PDP. All the things Darren Richardson culled are now mostly supplied by PDP, run by the original found of Mad Catz. What a bunch of shysters! They can't hide from time though. Light will be shed on their true intentions eventually.
Then Darren couldn't have bought at .23. Do you really think he stepped down and resigned without a plan to capitalize on that move?!? Mad Catz just financed his (their) purchase(s) with the severance(s). All my opinion of course.
They like to remind everyone of it's existence. Make sure to make it a highlight ya'll. Guessing we'll see $5M shares placed very soon at .17 a share. Warrants? Great timing for someone to invest in Mad Catz and be an angel, right? To bring their biz back to brick and mortar, etc. If we see Karen buying, that confirms the sandbagging is complete.
A lot of managements' decisions warrant comment. possibly subpoenas. will be interesting to hear what everyone has to say on the stand.
You either intentionally overvalue an asset to sell it, or intentionally undervalue it to buy it. I don't trust Darren Richardson & Miss Lynn! They are either about to buy and fund Mad Catz through the ATM after the 5 months of restriction are up or else steal it in bankruptcy court.
common sense says that something fraudulent is going on. Does this apply to CEO severance compensation?