Sunday, April 20, 2014 8:39:48 PM
But I am talking specifically about shares that they purchased on the open market out of their own pocket, net of any shares derived from options or grants.
I cannot speak for Hauck, but, most of the employees came to LQMT in not so wealthy a condition, save for John Kang who accrued a lot of money from his tremendous marketing scheme of Medical Manager. Abdi and Jack Chitayat and Ricardo Salas, put their own skin into the game, but they have more than been recompensed for their initial investment.
And all of their gains has been due to options created from dilution putting the burden on shareholders who have always done the heavy lifting and have nothing to show for their risk of capital.
Ask Ogawa how much skin he has put into the game?
I think that you will find, except for Hauck, that the results of our current marketing and sales strategy shows just exactly why none of these executives have put their own money into the company, net of awards, grants and options.
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