Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Mabsark
on 16/09/2014, 04:54:43 UTC
Now apparently when you have a board member stating it is of considerably less significance than the other factors he gave.

So, let me get this straight, what you're saying is that the concerns posted by Jutarul are less important than the concerns posted by Jutarul.  Roll Eyes I suggest you pay more attention in the future to what you're reading and writing as that comment just makes no sense whatsoever.

If he decided he didn't want to be a board member tomorrow and sold on the exchange, it would send the price through the floor, making shareholders more resentful, which (in a company with normal capital structure) may be enough to call a board meeting and replace the CEO.

How many times does it need repeating that the exchange price is irrelevant. It's based on a small fraction of AM shares and the sentiment of day traders. If it fell to 0 in such circumstances, I certainly wouldn't be resentful. Pretty much everyone would be buying up incredibly cheap shares and the price would quickly get back to its original level before the sell off.