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Re: A deleted message

Friday, 03/22/2013 3:14:35 PM

Friday, March 22, 2013 3:14:35 PM

Post# of 67010
Interesting question re: the director Singer. If he received 5,000,000 shares what was value when received, and what will value be if he has to hold six months ( or was it covered under s8m, but presumably he has to file form 4 when sold) ? As director there are some duties, and some liability associated with the position. What is reasonable compensation in your opinion for that position ?If he didnt sell I wonder who will tax the tax hit on fair market value of shares when issued ?

The reverse doesnt seem to have met management's expectations. What is your opinion why it hasnt ?

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