I am sure the Board of directors approved the CEO severance package. This must be a badly managed company. FXLV has been going down since IPO. and is approaching zero. congrats to those traders who shorted it earlier. Sorry no pity, no sympathy for the FXLV investors. go learn how to read charts correctly and properly. ALL those investors ought to be locked up.
I agree. I've had him on ignore but keep seeing his idiotic threads. Multiple garbage threads every day.
The problem is boards of directors are often riddled with conflicts of interest. You get groups of insiders that all sit on the board of each others corporations and vote each other pay raises regardless of performance. Look at the Nikola Motors situation with GM. How much were those executives being paid to be asleep at the wheel? Two billion dollar deal and they couldn't be bothered to ask to see the prototype move under its own power? Mary Barra should have been fired. https://gmauthority.com/blog/2020/09/former-general-motors-executive-handled-nikola-deal/
I have many haters here, but fact is, I post more winners than any 100 (1ooo?) of you combined Crashed ANOTHER 50% off my bash post I got short in the 2.40 area I do it not out of charity , but out of spite