smasse, DOC was given 250,000 shares (at the time worth $4 each) in 2014 -- and those are the only shares he has been given... he has bought out of his own pocket and at market price another ~450,000 shares. The reason he was given those shares is that the BOD promised him a reward in the fall of 2013 if he could raise at least $20M within 12 months (I may have the amount and time-frame off slightly, but my point holds) because that's what would have been necessary to save the company from bankruptcy. Do you have any idea how hard that was to do? A company with zero success for the previous many years? If you've never raised money (I have), you cannot appreciate the HUGE value he brought to you as a result of his work. He saved the then-total share-holder equity in the company of $25M for a payment of $1M. That's a 4% commission, if you think of it that way. Any shareholder under those circumstances would have been thrilled beyond words to pay that small a commission for that benefit under those circumstances.
So, if you've been holding for ~5 years you ought to thank DOC over and over for saving your entire investment in ADXS from going to $0. That's what he did. He raised more than $30M in the ensuing 12 months and was rewarded by the BOD, as promised.
Beyond that, Dan's 1M+ options were given to him at an average strike price of ~$12/ sh as incentive to grow the company further. That's 2.8% of the company's shares. Again, well within what's reasonable. The money he has raised since he took over has been at about the same ~$12/ sh price and thus he will benefit per share to the same extent those new investors will benefit.
So, when you say "it is not right," you are not talking based on any facts whatsoever. Unless you can provide a fact-based analysis to demonstrate that DOC's compensation is not right you need to realize your viewpoint is based on fact-less emotion. If that's how you invest, fine. But, it's not how I invest.
