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My man will say anything to avoid acknowledging that share compensation is not deducted from revenue. Anything to avoid acknowledging that shareholders pre-appr
by Workaccount2 3y ago
My man will say anything to avoid acknowledging that share compensation is not deducted from revenue. Anything to avoid acknowledging that shareholders pre-approved the transfer of those shares to execs.
Company revenue is in trouble? Just do an offering! Stocks = cash! Surely ownership is fine with bankrolling dead weight.
- pclmulqdq 3y agoThat literally is how it works, though. Companies that are in trouble literally do stock offerings. Companies that are not in trouble also do small offerings to keep their cash on hand low while paying the bills. Also, I'm not arguing about the approval of the compensation package.
- Workaccount2 3y agoYou know what companies do way more frequently when they are in trouble? Layoffs. But when you are CEO you can inform the board of this magic money source called offering, where you can keep bloated headcounts and not lose profits. I'm sure they will listen to you.