$IDW. Howard Jonas gets Repriced Options and then Dilutes Current Shareholders by nearly 10% with a New Employment Agreement.

Ouch

If I were taking the optimistic point of view on recent news from IDW, I would say that I would be glad to see that Howard Jonas sees tremendous value in the shares of the company at these levels.

Exhibit 1:

Exhibit 2:

If I were a pessimist, I would say that I may have been underestimating the potential for Howard to take advantage of his control position of the company to increase his ownership and dilute current shareholders without spending any of his own money.

The next earnings call should be interesting.