InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,707.37
(
0.08%
)
US TECH 100
19,285.60
(
-0.06%
)
Dow Jones
42,066.55
(
0.01%
)
Brent Oil
73.17
(
-0.97%
)
Bitcoin
63,127.13
(
-0.78%
)
Post# of 32167
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

wj2005

Send PM Follow Ignore
Followers 17
Posts 1308
Boards Moderated 0
Alias Born 06/24/2013

wj2005

Re: FredVestor post# 2788

Wednesday, 07/30/2014 10:34:22 AM

Wednesday, July 30, 2014 10:34:22 AM

Post# of 32167
It is recorded in the 10-K his pay and anyone else on the exec board... BUT he never pulled a paycheck and ended up forgiving the $300k that was due to him.

You say he is "accepting" his salary... No he isn't. They owe him money as of the last 10-k. He forgave the $300k and also lent the company money...

Expenses that he would be getting would be anything to do with the company like when he travels to shows, meetings with clients etc. Nothing wrong with that and we should expect there to be costs for this.


Why doesn't Steve Saleen forfeit his salary altogether like most CEO of a company in his situation?



Did he forgive the money that was due to him... Per the 10-K? Yes he did.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up