Tapinator Inc (TAPM)

[stockinvestor01]

TAPM Executive Salaries. From the 10K:

Ilya Nikolayev, Chairman & CEO
Annual Base Compensation: $207,900
Common Shares: 11,387,766,
Stock Options: 1,500,000
Restricted Stock Units: 5,000,000

Andrew Merkatz, President, CFO & Director
Annual Base Compensation: $207,900
Common Shares: 5,001,000
Stock Options: 1,500,000
Restricted Stock Units: 5,000,000

Brian Chan, VP of Finance and Accounting & Secretary
Annual Base Compensation: $130,000
Common Shares: 0
Stock Options: 750,000

Those are some hefty salaries for a small startup with a collapsed share price. Instead of the three private placements, perhaps they should've reduced their own salaries and overhead.