Steve...
Don't assume that this was a plan of Cardshark's for any great length of time, it was not. Basically, it was one of those situations where an idea bell went off in his head about a week or so ago, he made a telephone call or two, and next thing he knew the Company called him to get him involved.
As for compensation, I think he already posted something about it on Yahoo, and I'll leave it to him or one of his people to elaborate, but I can tell you I was surprised at how low the cash amount was. Card did not ask to be paid, by the way, the Company insisted on it to be sure they had his full attention (that's a laugher in itself, IMO, how much more attention could the guy be giving us??) There is, according to the Yahoo post, some restricted stock in the deal and I am sure all of that will be disclosed as appropriate.
This, to me, is an outrageously positive development and I am very much looking forward to seeing what comes of it.
Regards, |