Jul. 15 at 2:50 AM
$PETS Guys, did you know that CEO Leslie and the board barely own any of this stock? That means they don’t care what happens to the share price. They’ve already nicely raised their own pay and Leslie is making an annual salary of
$1.3 million.
And did you know that one of the proposals for the August 11 shareholder meeting is share dilution to expand executive compensation?
They rejected
$4.25, let the stock fall into the mid-
$1 range, talked about going concern, and then rejected the buyout on the very same day. Just from that alone, you can tell management’s goal isn’t to act in shareholders’ best interests.
Even cats and dogs know what shame is. We need collective action.