InvestorsHub Logo
Followers 10
Posts 1681
Boards Moderated 0
Alias Born 09/17/2010

Re: p1928 post# 60513

Wednesday, 01/16/2013 12:33:49 PM

Wednesday, January 16, 2013 12:33:49 PM

Post# of 67010
Thanks, I did note that but I had made assumption CFO would have abstained from voting on his own salary.

As I see it if this fellow truly wishes to make that amount of money, he has to pull some rabbits out of the hat with financing this year, and very soon. Thus it would seem to be he has a lot of incentive to perform.I realize some may take it another way that his salary will casue excess dilution. However, it seems they need to raise so much money this year that either they do and make a success or they dont, so his dilution wont really matter. Of course a third way to look at it is what projectiosn has managementmade the last three years, and which ones have they met.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.