Viscount Systems (VSYS)

[nynewbie]

I read the news and the 10q. The 10q includes the employment contract for Raefield and I'm pretty disgusted that Viscount's previous 8k reports as well as their proxy statement included intentionally misleading information and neglected to properly inform investors of his full compensation package. My proxy statement said he makes $175K + up to 50% bonus and 3.99% fully diluted as options. The contract includes a few trivial extras including $5k/month for rent and vacation airfare for his wife + built-in raises. We, the investors voted on one thing and the documents show something else - that for example if the company becomes nominally profitable Raefield will be raking in closing on $500K/year (all in) to run a $4M/yr company.... and if the company goes back into the red he stays at the new level oink oink OMFG.

I guess I should have taken the train from NYC down to DC for the event. Anyone else show up?