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Re: gs17 post# 47960

Wednesday, 04/27/2022 12:02:20 PM

Wednesday, April 27, 2022 12:02:20 PM

Post# of 54125
You mean this paragraph?

General and administrative expenses. General and administrative expenses for the year ended December 31, 2021 were $7,594,000 compared to $4,291,000 for the year ended December 31, 2020. The increase in costs in 2021 is primarily attributable to an increase in general and administrative expenses related to non-cash expenses associated with stock option grants.

It is worth noting that ZNOG declined to share the full details of these "general and administrative" expenses with their shareholders. Their Proxy Statement is due by the end of this week:

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The information required by this item will incorporate by reference such information as set forth in our definitive Proxy Statement (the “2022 Proxy Statement”) for our 2022 annual meeting of stockholders. The 2022 Proxy Statement will be filed with the SEC not later than 120 days subsequent to December 31, 2021.

ITEM 11. EXECUTIVE COMPENSATION

The information required by this item will incorporate by reference the 2022 Proxy Statement for the 2022 annual meeting of stockholders, which will be filed with the SEC not later than 120 days subsequent to December 31, 2021.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The information required by this item will incorporate by reference the 2022 Proxy Statement for the 2022 annual meeting of stockholders, which will be filed with the SEC not later than 120 days subsequent to December 31, 2021.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE

The information required by this item will incorporate by reference the 2022 Proxy Statement for the 2022 annual meeting of stockholders, which will be filed with the SEC not later than 120 days subsequent to December 31, 2021.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The information required by this item will incorporate by reference the 2022 Proxy Statement for the 2022 annual meeting of stockholders, which will be filed with the SEC not later than 120 days subsequent to December 31, 2021.


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