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gnulaw (52.87)

(NASDAQ:GKNT) Vote NO PROPOSAL SEVEN - AMENDMENT TO THE COMPANY’S 2007 EQUITY INCENTIVE PLAN

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May 10, 2011 – Comments (1) | RELATED TICKERS: GKNT , AMZN , BBY


Vote NO PROPOSAL SEVEN  - AMENDMENT TO THE COMPANY’S 2007 EQUITY INCENTIVE PLAN. This company is a train wreck with awarding bonuses not based on performance to untested, unprofitable, and a revolving door management team.  

 
References:

(April 08, 2011)  Post Traumatic Grasso Syndrome? Langone Awards $345,000 to Recently Elected GKNT Directors Exercisable in 30 Days at $0.


(March 25, 2011)  [Update2] Geeknet Media Division Amber Alert. GKNT President, CEO Media and GKNT Director (SVP SAY Media) [Abruptly] Announce Resignations


(January 16, 2011)  "Gee Whiz Beav, I'm feeling really swell about 2011". "That's great Wally, here's a $2 million bonus!". GKNT Shares Tumble as Non-insider Shareholders Have Many Questions.

1 Comments – Post Your Own

#1) On June 29, 2011 at 6:06 PM, gnulaw (52.87) wrote:

 (June 29, 2011) Breaking...Geeknet files S-8 Registration Statement for 200,000 shares ($4,994,000.00) pursuant to COMPANY’S 2007 EQUITY INCENTIVE PLAN [not] based on performance...one day before the end of Q2 ending June 30, 2011...

Reference:


(May 12, 2010) [Update1] Did Geeknet Directors Plunder Geeknet as Geeknet reported Q4 2010 and Q1 2011 Continuing Losses?


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