Thursday, May 01, 2003 7:12:29 PM
... that will pay them $400K (average) annually and where they already have 14M ISO option shares to control 28% of a public company already worth over $1 Billion?
Answer: NO WHERE!!!
Vote NO MORE ISO Option shares i.e. NO on proposition #2. There is ABSOLUTELY NO NEED to pay management any more compensation. PERIOD.
Please vote NO so that management will finally turn their attention to driving our stock price per share, not driving their desire to own more shares by requesting more and more ISO shares year after year while holding the share price down with coordinated group insider sales, back-end loaded license deals, no PR, etc., IMO.
I am ready for front-end license deals, more PR on patents and essential technologies, and dropping more money to the bottom line in EPS.
Please do not transfer any more investor wealth to our management. They are paid QUITE well enough and they are not going to go anywhere else voluntarily.
So, VOTE NO on Proposition #2.
Best Regards,
Corp_Buyer
ps L2V - I always love your posts, and I too support management and all their efforts to build our company, but I sincerely believe you are way off base in such blind support for unlimited compensation. By "unlimited", I mean without any discretion or cutoff by shareholders, which is now long overdue for all the reasons I have posted previously.
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