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Re: researcher59 post# 39311

Friday, 03/31/2006 12:08:02 AM

Friday, March 31, 2006 12:08:02 AM

Post# of 173815
GV... researcher, I'm thinking that the bonuses were expensed in Q4 since no one knows what annual profits and the stock price would be until year end. As I recall, most of the CEO's bonus was based on stock price appreciation over the year and he also recieved the largest bonus. Also Accounts payable and accrued liabilities grew from about $2.5 Mil to $4 Mil in Q4, which is where the bonuses are shown ( it appears). At any rate, I wanted to confirm it with management. I'll try again next week when I return.

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