InterDigital Inc (IDCC)

[rmarchma]

L2vest another simple survey for you to take

1. The purpose of cash salaries and bonuses are to:

(A) reward employees for expected work (salary) and exceptional work (bonuses)

(B) reward stockholder owners for their capital investment and financial risks


2. The purpose of corporate profits and share price appreciation are to:

(A) reward employees for expected work and exceptional work

(B) reward stockholder owners for their investment and financial risks


Before you answer the above questions ask yourself: should stockholder owners be entitled to salary and bonuses for doing NO work? Then ask yourself: should employees be entitled to corporate profits and price appreciation for taking NO financial risks? BTW I voted A to question number 1, and B to question number 2. Therefore I will vote NO to additional stock options on the proxy.

I'll still stand by the following paragraph from an email I previously sent to IDCC's Board of Directors as follows:

I believe that the top executives at IDCC are already getting far above reasonable cash compensation in salaries and bonuses from a small-cap company for their efforts. This is their job and what they are paid to do. The outside stockholders, who are investing their cash at the prevailing market prices, are the ones who are taking all the risks with this company. For that risk, our only compensation is through the future stock price appreciation, if the company pays no dividend. And that future stock price appreciation should not be tremendously reduced through dilution by those who take no risk through options/warrants/restricted stock, and have already received overly generous cash compensation.