Biotech Values

[DewDiligence]

As OPHT implements massive layoff, CEO David Guyer and other remaining officers get new "retention" bonuses:

https://www.sec.gov/Archives/edgar/data/1410939/000110465917002390/a17-2540_18k.htm

On January 11, 2017, the Board of Directors of the Company approved a special retention bonus for each of David R. Guyer, M.D., the Company’s Chief Executive Officer; Glenn P. Sblendorio, the Company’s Executive Vice President, Chief Operating Officer, Chief Financial Officer and Treasurer; and Barbara A. Wood, the Company’s Senior Vice President, General Counsel and Secretary. These bonuses are in addition to regular annual bonuses and are being paid pursuant to a retention plan designed to incentivize key employees to remain with the Company following the previously announced planned reduction in personnel.

If you remember Dr. Guyer from the EYET/OSIP days, you need not comment!