The first thing to go is stock comp, why would a private company ever dilute shares?
Also say goodbye to severance, they let you quit on your own due to sh--ty comp.
All go-private routes require some kind of iBank banking who want to recoup their investment 10x and you don't achieve that by paying high comp. The only people getting paid are those that are part of the deal.
Better support Mr. Molly with full faith and pray that he's not making shtuff up again!