Monday, November 28, 2016 8:26:23 PM
Mr. Philip Hartstein Chief Exec. Officer and Pres 500k Age 40
Mr. Michael D. Noonan Chief Financial Officer, Treasurer and Sec. 325k Age 57
Ms. Julie Mar-Spinola Chief Intellectual Property Officer and VP of Legal Operations 400k Age 59
They have options they pick up each quarter, but it isn't a huge amount. I think they are compensated pretty well for the size of the company. You have to remember there are only 12 employees now.
You just aren't appreciating how special it is to see a company hold share count as being precious. It is unheard of for a company to be able to finance their R&D phase and enter the period where they are going to become profitable without diluting common shareholders. Through licensing revenue and creative financing with preferred shares and no common share dilution, they have achieved just that.
Gary Moore (ex Cisco President and COO) recently was awarded his 200K shares for joining the BOD. They said he has been instrumental in growing the client base with CybeRisk.
I have no problem with fair salaries and limited stock options. They can buy more shares in the open market if they truly believe in the future. Hint hint.
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