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Re: Watts Watt post# 60623

Friday, 10/17/2014 10:59:25 AM

Friday, October 17, 2014 10:59:25 AM

Post# of 232778
I too am glad the shareholders shot down the plan to issue shares for management incentives. Clearly other shareholders felt the same. I just hope management doesn't take this as an excuse to drag their feet to get back at shareholders for not wanting to pay them. That'd be counter productive for them too. I'd be all for paying them incentives, It'd be nice to see some results first. There has been what appears to be good progress made as of late, but we've gone through all this before, where all these partners are signed up, we give a bunch of shares as incentives, then for whatever reason things fall apart, the dilution is done, and they have to start over again. I'd be curious to see the incentive plan, willing to bet it would be proprietary and they couldn't discus that, better keep it a secret. I'd certainly hope it would be results driven, maybe with a little revenue wouldn't hurt either. If they didn't produce could they have to pay, sort of like a reverse incentive plan? I'd like to see that.

I work for a non-profit (similar to LQMT ;) , where the management was able to essentially write their own incentive plans. Long story short, they never make their goals but still get payouts., funny how that works.
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