Aluf Holdings Inc (AHIX)

[Maria56]

Teresa McWilliams has been CFO since 2011 when the company was named Action Products International and the ticker was APII. The CEO at that time was Gary Polistena. He was followed by Cyril Moreau. Teresa took over as "interim" CEO in 2014 or 2015 (around the time they took up the biometric battle cry and changed the company's name again from Corewafer Industries to Aluf Holdings) until the hiring of Glenn W. Milligan as CEO at the beginning of this year.

The new CEO signed the first version of the 2017 Annual and the 2018 Q1; however, he did NOT sign the restatements of either of those filings nor did he sign the 2018 Q2. Donald Bennett, Board Advisor/now Chairman, signed the restatements. Glenn's "salary" was effectively halved to its stated contractual minimum between the first Q1 and its restatement. Why?