This is taken from a recent PR in another company, I left the name and ticker out so as not to be accused of spam,......... Tony's bloated salary and "job well done" performance bonus
pizzes me off the most, kinda like spittin in yur face
Stewart Garner has also agreed to convert his personal loans in xxxxx amounting to $175,000 to common shares of restricted stock at a conversion rate of 10 cents per share which would equate to 1,750,000 shares. Along with the news release of December 6th 2006 in which xxxxx settled all its old debt of $500,000 this leaves the company with no long term debt on the books going into 2007. Stewart Garner has taken no salary in 2006 and will defer any salary payments until June 2007.
