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Augme Technologies, Inc. Message Board

flyersdh 1 post  |  Last Activity: Jul 15, 2015 1:34 PM Member since: Aug 12, 2010
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  • flyersdh by flyersdh Jul 15, 2015 1:34 PM Flag

    Who thought it was a good idea to discount the shares by 25% in the Q2 compensation shares? The shares should be issued at a 25% premium to provide at least some semblance of confidence in what they are doing.

    A 25% discount is telling me Q2 earnings are going to bomb out and it is not looking good for the rest of the year. Why would I buy stock at market price when insiders are taking a 25% discount? Terrible message to shareholders.

    Sentiment: Hold