Oncolix Inc. (fka ONCX)

[dabullishbear]

Imagine if Redman worked the past 10 years for free? He would be panhandling and living in a homeless shelter until Oncolix started generating revenue. Not really sure he would be fit to be a CEO if that were the case. Imagine how many successful biopharma's on the Nasdaq wouldn't have made it to where they are now if they didn't pay their employees while they were pre-revenue? Redman isn't forced to be the CEO of Oncolix and with his track record and experience, would be more than qualified to be the CEO of another biopharma getting paid a much larger salary. If you want your company run properly you need to have the right leadership. Whether your company is generating revenue or not, that leadership comes at a cost and there's no way around it. I don't think you could get another CEO to work for less than 300k, at least not one with Redmans experience and resume.