Insig AI PLC
Strategic Alliances: Bold Bet on Stock-Based Remuneration
By Elric Langton | 28 November 2023
Elric and Mike have a financial interest in Insig AI.
Insig, the want-to-be vanguard in data science and machine learning solutions, has announced the appointment of - Roger Parry as Corporate Development Adviser and Gareth Evans as Investor Relations Adviser. Both appointments could prove to be masterstrokes in strategic planning, with Parry bringing his renowned acumen in enhancing shareholder value and Evans, a seasoned veteran in capital markets, set to refine Insig’s investment narrative.
The remuneration method for both appointees is particularly intriguing – payment through issuing ordinary shares directly from the company’s treasury. This approach could be viewed as a nod to fiscal prudence and a strategic chess move. Paying in shares brings several benefits. It’s a savvy way to conserve cash for the company, crucial for nurturing growth and investment in core areas. It aligns the interests of the advisers with those of shareholders, creating a symbiotic relationship where the advisers’ success is directly linked to the company’s stock performance. The detractors will argue, what cash!