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Re: On2_addict post# 55963

Friday, 03/02/2012 12:25:30 PM

Friday, March 02, 2012 12:25:30 PM

Post# of 60937
It's part of the history of this company. The unelected bums that have run it have been giving themselves hefty salaries -- deferred -- to be collected at some time in the future. Because the BOD has never made its records available to us shareholders, we do not have any details beyond their occasional mention of these salaries, plus huge secret bonuses, they have awarded themselves. As such, they must be classified as liabilities against the value of the company. Perhaps some other board members have more details. However, I believe the Receiver has the power to disallow these salaries and bonuses. I don't know if he will. He has been mute since his appointment.
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