The compensation was in stock options, none of which have been reported as being exercised by those who received them. Given that the current share price is far below the option price, I can understand why.
My point is that this topic has been brought up repeatedly by some in an attempt to make people believe that one reason we are in such financial difficulties is because $12M was PAID to these executives. This compensation had no impact on the company's cash.
If the company doesn't survive, those options become worthless, but the compensation given by those options certainly didn't move us towards running out of cash any faster than if no executive compensation was issued at all.
...and on the 7th day, God turned off his Macintosh.
