I bought into GSE Systems (GVP) a couple years ago due to change and here today I sit seeking more.
In the past year the stock is down ~70% yet somehow the CEO's compensation went up by 75%. The CFO's pay is up 50%. The market cap is only $10.2m and they get $1.84m+0.91m = $2.75m!! These idiots are not worth a quarter of the company. That is a really bad look and I do not approve.
I am voting against the director nominees, against the ridiculous executive compensation, and against their planned >20% dilution. I invite you to do the same.
There is activism from several parties. Ankur Saggar has written several board letters and organized a website gvpshareholdersforchange.com. SpearPointCapital has posted a deck and pushes for others to vote against the status quo. Silverback is trying to get on the board.