Wednesday, March 15, 2006 6:02:04 PM
OT:Billybass1234, well I'll have to agree with you on that one point. Here the O/S has gone from 110 Million to 3.2 Billion and counting and the CEO keeps paying himself 200K + Chip get's close to that I didn't think it was 200K though.
The company in my signature the CEO is a PH.D doctor and has inked deals with Johnson & Johnson, MD. Anderson, Uniesity of Miami, Clariant (A Nasdaq Biotech) etc and he took a pay cut as did all of the employees most PH.D holder's too to stave off anymore private placements. 60% pay cut's at that and he could be making more than he makes now at a hospital if he so chose to.
Why JF and Chip think what they do is worth 200K+ options. is beyond me. It sure would add some "I care about the company" reassurance if they did take pay cut's. Or deferred their salary until profitability was achieved!!
The company in my signature the CEO is a PH.D doctor and has inked deals with Johnson & Johnson, MD. Anderson, Uniesity of Miami, Clariant (A Nasdaq Biotech) etc and he took a pay cut as did all of the employees most PH.D holder's too to stave off anymore private placements. 60% pay cut's at that and he could be making more than he makes now at a hospital if he so chose to.
Why JF and Chip think what they do is worth 200K+ options. is beyond me. It sure would add some "I care about the company" reassurance if they did take pay cut's. Or deferred their salary until profitability was achieved!!
"Pumpers are like hookers it all sounds good until you get burnt....don't believe the hype it's pennyland!!"
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