M+M Boys doing alright for themselves.
8-K filing states: "On July 29, 2020, Mikros Systems Corporation (the “Company”) entered into a letter agreement (the “Agreement”) with Mark J. Malone, Chief Financial Officer, Chief Strategist and member of the Company’s Board of Directors. The Agreement provides that in the event of a change of control of the Company or the termination of Mr. Malone’s employment with the Company without cause, the Company will make a single lump sum payment to Mr. Malone equal to his annual base salary in effect on the date of termination or occurrence of the change of control."
TO THINK THAT ONLY A FEW MONTHS AGO MALONE RESIGNED.
THERE MUST BE AN INTERNAL STRUGGLE BETWEEN MALONE AND OTHER MANAGEMENT EMPLOYEES WHO ARE NOT RELATIVES.
THE BOARD IS NOT REPRESENTING STOCKHOLDERS TO PUT UP WITH THIS NONSENSE, but we already knew that.
