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Saturday, 08/29/2020 8:09:03 PM

Saturday, August 29, 2020 8:09:03 PM

Post# of 195745
Michael Lebby-- CEO
Received $315,600 in total, which increased by 3% compared to 2018, 86.77 % of Lebbys compensation, or $273,800 was in salary. Lebby also received $ 38,800 in option awards and $3,000 in other compensation.

James Marcelli COO
Received a compensation package 0f $299,400 which increased by 19% compared to previous year. 86.29% of the compensation package or $ 258,300 was in salary.

May give you a little indication why we are the only one's wanting results in the short term. They have nothing to lose and everything to gain with time and no $$$ invested in LWLG. like us.

Salary alone Marcelli's probably pocketed @ 3,000,000. so far and had a 19% raise this year. Thats pretty good for a company that has made 0.0000 in revenue in 17 years. What does Marcelli actually do for a company that has no product to sell, no revenue and handful of employees. Pay the rent, payroll, utility bills and photocopy the 10Q every quarter. My company has 4 times the employees of LWLG, 3 office buildings, can't even compare the revenue (LOL)and my COO which is a fancy word for office manager doesn't get paid half that much. No urgency or rush when your pocketing $ 6,000 a week. Jim better be sending LPC a nice Christmas gift every year. Thats the only DEAL Ive seen done in 17 years. That his LONG TERM shareholder value.
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