Thursday, November 15, 2018 12:56:02 AM
PPS has remained at .0001 Although the CEO's Pay has jumped
FROM
FORM 10-K 2010-04-15
PART III
Summary Compensation Table
page 29
YEAR 2009 TOTAL SALARY + COMPENSATION: $51,269
TO
FORM 10-K 2016-03-30
PART III
Summary Compensation Table
page 28
YEAR 2015 TOTAL SALARY + COMPENSATION: $189,961
The morale of the story is:
PPS reflects the eternal debt that cripples the company. But the CEO's hefty salary has NOTHING to do with the performance of the company. As an example, no one can coherently justify the huge jump in the aforementioned CEO's pay.
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