Yep, VERY nice for some! Let's hope that he works VERY hard & deserves them instead of getting a free ride! I also don't like the "non-recourse" part! It take away all incentive & shouldn't be (in my opinion) offered on this basis. Items like this should be put to shareholders on a choice basis. ie. "Vote for Mr. Yue to get awarded the shares & the loan?" & then "Vote if you think we should make this loan? & then "Vote yes if you think we should make this loan non-recourse?". Yes I know they are probably confident that there won't be a "recourse situation" & I love that confidence but............you never know hey? As I said in an earlier post; "prepare to get diluted gentlemen!"
GGX Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held