Reductions deferred to 1st quarter 2018. This way executives get new stock options and grants in February, then consolidation takes place, so they get more goodies in their golden parachutes. It's what we are.
Did I miss something over the weekend? Or is this just speculation? The first part, that is.
???
Told ya so. You heard it here first.
If another company does buy us the first thing they will do is dump Bartlesville if we haven't already.
A sure sign that a take over is in the works. Interested party won't want any bump in valuation due to cost reduction.
Any one-time executive payments associated with "retirement" can be granted at any time. They are not bound to the VCIP timing like the rest of us little people. They can also defer any payout to the new year for tax avoidance purposes. The layoffs WILL happen in Q4. Don't fool yourself.