Re: does this junk go sub penny today or tomorrow ...Rick
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posted on
Apr 18, 2013 02:23PM
(Edit this Message from the "Fast Facts" Section)
I think PQ's self awarding of shares is primarily intended to maintain control. Between the family shares, plus all the B shares w/ 40x voting rights, plus shares held by cronies, PQ controls the company. But he has to give out enough shares as compensation and bonuses to keep up with dilution from financing and paying for things.