I read the reason Bill Solms gave for not taking a voluntary cut in pay until things turn around:(his wife wouldn't like it) [remember he said he wanted to be held accountable to the BoD and the shareholders?]
Well, the BoD rewarded him with a big bonus for hollowing out what was left of the the company. IMO, shareholders will gift him with another few weeks of checks and a big bonus at year end when they approve the third reverse split.["It's either vote for the R/S or it's certain bankruptcy!]
One wonders if the Wave CEO ever went into combat (which he did not), would he have given orders to his soldiers not to shoot the enemy out of consideration the enemy mothers would grieve their absence?
So considerate, that Lt. Col.--just full of the milk of human kindness. If only he had a backbone. [sigh!]
Bill, leadership is usually done from the front, not from the hidey-hole way in the rear where you stay.
And usually, real leaders face the music and the criticism for mistakes they made. But, Silly-Billy likes to play silent hide and seek when things take a turn for the harsh.
I fully expect the shareholders to follow the leaders right over the cliff. They always do. The R/S will pass (IMO) and the scam will keep on keeping on, until the end. A few more sweet paychecks, a nice bonus and then the Golden Parachute. Heck, the last CEO got a cool million on his way out the door.
Blue
