Seelos Therapeutics Inc (SEEL)

[OldtimeramI]

I don't believe that Denner invested in this company to not make money and Pascoe took the job for a quick buck and move on. I know what they done in hindsight does not make sense, but I have to believe they are trying to make this work.

I wouldn't call making $500,000 per year cash for the last 4 years a quick buck - both quantity wise and time wise. Richard Pascoe has been with the company for 4 years now. He has been paid about $2 million dollars cash during this timeframe. He has received tons of stock options and stock awards during this time.
Would he make more if the stock price appreciated? Yes.

Does he control the share price movement? Not directly. But his decisions have a direct impact on the company. Have they been the correct decisions? Just ask yourself that. Have they had a beneficial effect on the share price?

I'm sorry for being negative here. But I try to call things for what they are. I hope that I am wrong with my observations and you guys end up making back your money and more!