Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

From EDGAR, your BOD compensation......from 2008 to 2011 it doubled...how about the worth of your shares?

2011 cash and options
Bagaly 130,272
Gilder 102,272
Bushnell 88,220
McConnaughy, Jr 111,272
Frankenberg 24,647

2010
Bagalay, Jr. 98,700
Nolan Bushnell 88,200
George Gilder 79,200
McConnaughy, Jr. 88,700

2009

John E. Bagalay, Jr. 75,918
Nolan Bushnell 60,918
George Gilder 51,418
McConnaughy, Jr. 61,418

2008
John E. Bagalay, Jr. 69,581
Nolan Bushnell 49,081
George Gilder 44,581
McConnaughy, Jr. 54,081


These increases weren't just option based. Remember options are based on the price the day they are granted.

Look at the chart, more history. Any idea which way those salary numbers will be headed? And you will now have Frankenberg as a full blown all year member, watch his figure grow.

As investors, have these members served in the investors best interest? Does their compensation package allow them to have the investors best interest in place?

Compare this benefit package the BOD receives to what the BOD of Bershire Hathaway receives and get back to me.

Compare and get back to me..
"Director Compensation. During the 2011 fiscal year, Berkshire Hathaway held one annual meeting of the directors and four special meetings. Every director attended all meetings except for Mr. Gates and Mr. Scott, who each missed one special meeting. Directors received $900 for each meeting they attended in person and $300 for each meeting they attended by phone. In addition, any director who served as an Audit Committee member received a $1,000 quarterly payment."


This is all the compensation they received and I believe for the year it was 3,000. I think since 2011 it is now 1500 in person and 500 by phone........


you want another eye popper look at the executive compensation at Berkshire

http://www.sec.gov/Archives/edgar/data/1067983/000119312512119819/d280415ddef14a.htm




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