I Vote "It's up to Eric to decide". We can sit here and debate whether the CEO deserves a salary now or later, but will our opinions matter one way or another? I think not...our opinions will only give Eric more to think about the next time he dilutes for his Base Pay....
If you want my opinion on this subject though, I think if your going to dilute, whether to further advance the company...or whether to pay salaries over 6 figures, then you need to combat it with some meaningful promotions if the PPS can't sustain the dilution. I get were J-Rhino is coming from, but don't fully agree or disagree with him. I would never ask someone to work for free...but come on fellow shareholders...open your eyes....While you all praise the CEO for working 80-100 hours a week....in essence, the man spends many of those hours writing blogs to us...(which I don't mind by the way)...and probably more hours (already admit-tingly) reading our IHub posts...all from his office...You know he wouldn't take work home after spending that much time at work....So part of his pay is deriving from countless hours of things he could do on his free time, instead of on the clock...Although he is not getting paid hourly...psychologically, when deciding how much to pay himself for salary, he had to have thought..."If I work 80-100 hours a week, then I deserve X amount"...(Who wouldn't stay at work all day?) (I wonder is Lorne and company are authorized this much overtime?)
So to summarize...we are paying his salary by purchasing his companies shares...and we are paying him to attempt to advance the company, write blogs, return emails, and read posts just like this one...All on the clock....Who's to decide what should be "on the clock" and what shouldn't? I personally could careless if he worked all day every day, and got paid accordingly...just as long as he paid us back with shareholder value....something he does not seem to concerned about right now...it shows in the charts...Hopefully the post I wrote yesterday was accurate in what I believed Eric is doing...but we will have to wait for confirmation....
