|
I'm angry as hell at the Bosses in big businesses who don't do like real Bosses who do what's right for the employees and the people who Own the Company.
I'mma just call 'em GTAT Solar Company, Management team been acting like some damn scoundrels! GTAT Solar Company's is owned by everyday people like you and I who hustle for our money, and put it in the stock market so it grows,
Everyday people who put it into businesses that we believe are gonna make money. Man I'm pissed off cuz now I'mma be going to New Hampshire, all the way from Florida, to Court on January 26th to fight for the employees and investors. I tell you what, I'm gonna stand in Court like Boxer faced down fools in Micro, I'm writing and macro'ing a team like OoV and, I'mma love people like Tupac. I'm angry as hell cuz GTAT Solar Company employees are every day folk and they need good Bosses! No more bad management man that shit hurts our wallets you know!?
Gotta toss out bad management like Korea tosses out cheating-ass progamers like Flash!
Damn I'm angry. I got the idea to write this from a breakfast show on the radio..lol
2primenumbers
|
|
This... Doesn't... make .... any... sense.... ?
So, you're angry at GTAT Solar Company's MT, yet you don't explain what/why/when. I don't even know what GTAT Solar Company is (I could google ofcourse, but that's besides the point). What do the stock markets have to do with anything concerning your post? Court? what?
Here's another story that makes just as much sense;
"One day i was angry at a pigeon, the pigeon betrayed his fellow squirrel and i'm going to smack the pigeon to a lightbulb. However Lightbulbs haven't done anything nasty to me, so i actually like the lightbulb. the lightbulb gets stolen by the squirrel for surviving the winter. While in the summer i wear pyama's to work. On sundays I listen to shows on the radio, which makes me angry. This brings me to the idea that I can fly with no-clip mode in random games "
|
Well yeah, its a publicly traded company with a stock ticker and stuff. The peoplewho own Stock in the Company are its Owners -- that's just business knowledge 101.
Anyway there's a lot to this case with GTATQ who entered restructuring after a Contract with Apple, Inc nearly put them out of business.
But the following sums up the history a bit..
The Solar industry is known to be cyclical. GTAT is an equipment manufacturer. Its a given its a cyclical business.
Going into and through summer 2013 GTAT had what? 200 million plus dollars to use on their continuing R&D that they knew was going to take through 2014 to complete.
Instead of waiting it out and hustling with tight expense controls, like a normal cyclical business, GTAT Management chose to enter an extremely low-profit return Contract with URGENT terms with inadequate time for them to enter into a business which they had little direct experience in (sapphire material production on massive scale). With EXCLUSIVE terms which prevented the Company's largest and most profitable division (ASF Sapphire Furnaces & Equipment) while they risked it all for investors, they sold tens of millions of dollars of equity.
When they knew the contractual terms were insane the whole way through, from day 0 of the completion of negotiations with Apple!
Summed up, GTAT Senior Management entered into a bad contract (but it LOOKED good to outsiders) and sold $$$ Millions of dollars in stock shares as the investing community reacted to the news of the Apple Contract! Now the Contract has collapsed after GTAT Management spent all of the Company's money on the project.. The Company's still going to survive but everyday investors have been terribly hurt while Management became rich!
|
Since when does Flash cheat?
|
I take it the equity battle is not going well, now you're pissed because the shareholders are getting compensation...?
|
Hmmm no.... ninazerg
The Managers are asking for cash bonuses as incentivization to reach for extremely easy to meet goals. THey're running a hustle on the stakeholders even through Chapter 11
|
Hahahaha this is the funniest thing I've read in weeks.
|
On January 08 2015 01:16 2primenumbers wrote: Hmmm no.... ninazerg
The Managers are asking for cash bonuses as incentivization to reach for extremely easy to meet goals. THey're running a hustle on the stakeholders even through Chapter 11
That's usually the kind of thing higher-ups will do before a big collapse, but sin... oh. OHHH SHIT.
|
|
Gotta toss out bad management like Korea tosses out cheating-ass progamers like Flash!
WHEN DID FLASH CHEAT? (talking about flash in sc2)
|
|
So... The owners of a company are trying to make a profit, while the employees don't share in that profit? And people that bought/received stocks may not get the profit they thought they would get?
This may have happened before!
|
On January 07 2015 21:31 Grovbolle wrote: wat
Couldn't have said it better.
|
On January 08 2015 16:26 _fool wrote: So... The owners of a company are trying to make a profit, while the employees don't share in that profit? And people that bought/received stocks may not get the profit they thought they would get?
This may have happened before!
No. The Senior Managing employees are trying to scoop cash off of the Company's books and are not working to support the legitimate owners of the Company who may end up out on their asses with their money $ gone
|
|
|
|