PharmaCyte Biotech Inc (PMCB)

[stampede1724]

As in SG&A, and compensation expense. Kenny collects his $375K salary out of the stock the company is selling into the market. And receiving a continuous rate of 300K shares/month to be sold after a 1 yr holding period. Review the compensation on page 23 of the last 10Q. Quite a gravy train Kenny has setup for himself.

So $375k a year and 300k shares a month? JFC.

300,000 * .055 = 16,500 * 12 = 198,000

So he's pulling in over $500k a year. No wonder he isn't in a hurry.