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Re: willlbone post# 976

Friday, 09/30/2016 3:37:34 AM

Friday, September 30, 2016 3:37:34 AM

Post# of 2001
Restructuring charge
On January 19, 2016, we authorized the implementation of a 19 person reduction in staff to control operating expenses and reduce ongoing cash requirements. The actions associated with the reductions were completed in April 2016. These termination benefits consist of a severance payment equal to 3 months' salary or, in the case of certain senior executives, consist of benefits pursuant to . . .
Aug 11, 2016