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Re: learning curve post# 30191

Thursday, 05/31/2012 5:26:55 PM

Thursday, May 31, 2012 5:26:55 PM

Post# of 80868
Good comment,learning curve. Their 2011 stock bonus diluted the share base so much that they need to improve cash flow to at least $1 million per qtr without further dilution to get the sp move up to 4-5 cents. By no means you can justify the stock bonus to any of them let alone the cash bonus when the company is suffering big losses. They could have offered options at a very lucrative price or stock bonuses of up to 10% of what they have given to themselves through an omnibus stock compensation plan. How could you justify Jeremy Deluca's 2011 stock bonus for only a few months of service in 2011? Was it signing bonus? It is outrageous. They have to do something about it. JMO