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Myth

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Re: Agent92260 post# 101278

Tuesday, 03/28/2017 2:07:51 PM

Tuesday, March 28, 2017 2:07:51 PM

Post# of 105534
just noticed this, Vicente is paid off and is now history.

Net income for fiscal year 2016 was $0.10 million compared to net income of $0.44 million for fiscal 2015. Included in 2016 net income was severance expense of $0.13 million related to the Company’s former President and a one-time charge of $0.19 million taken in the fourth quarter for the remaining severance payable as of December 31, 2016. Going forward, the Company will no longer incur severance expense related to the former President.
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