Anavex Life Sciences Corp (AVXL)

[Doktornolittle]

$216K for two years work and all the patent rights, until the guy is too old to enjoy the rewards. Then he gets 6% of net.

$216K for two years work is about right as a salary for chief technical officer. It's actually the absolute bottom for mear mortals, so a luminary like Vamvakides was giving Avanex a great deal. That means that to date, Vamvakides has really received effectively no compensation for the drugs themselves.

I am likely to make more money over the next three months than Vamvakides made over the last 10 years for the patents. And I am certainly on the bottom half of this totem pole on ihub. If you feel completely comfortable with that then there is something wrong with you, period.