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Tuesday, April 04, 2017 9:14:03 AM
Dear QS Energy Board of Directors:
I respectfully request that you modify and reduce former CEO Gregg Bigger’s severance package. I and other QSEP shareholders I know are frustrated and angered by the severance package given to Mr. Bigger as reported. Why?
Mr. Bigger was hired on 11/25/13, and our stock opened at $1.11 per share that day. However, on Mr. Bigger’s final day as CEO, our stock price closed at $0.07 per share. That's a -93.7% decline in shareholder value under his stewardship!!!
As a consequence, we shareholders believe the severance package announced by the BOD for Mr. Bigger does not reflect the shareholder value that was actually realized under his watch.
Furthermore, we want our Board to revise his severance package to one that is more reasonable and that accurately reflects his performance on behalf of all shareholders.
[Insert your specific severance package changes here.]
Regards,
Your shareholder, ?????
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