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Re: Top Penny post# 27954

Thursday, 09/29/2016 3:45:51 PM

Thursday, September 29, 2016 3:45:51 PM

Post# of 36208
I assume you are referring to Ilan Daskal who was hired 1 month before bankruptcy and was out two months after bankruptcy. I suspect that he had no idea (given no SEC filings) how bad a shape SUNE was in when he was hired. It doesn't take much to figure out that most of your compensation is worthless when in a bankruptcy.
SUNE has done a lot of senseless stuff so enticing a new CFO with stock they knew to be worthless is consistent with their other aberrant behavior.

If you haven't noticed the new CEO and CFO are compensated all cash with monthly retainers, payable in advance, and they get big bonuses, all cash, if they hit their objectives before the end of October.

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