10-K, PAGE 71, "Item 11.
Executive Compensation.
Summary Compensation Table
The following table sets forth, for the fiscal years ended December 31, 2012 and 2011, the aggregate compensation awarded to, earned by or paid to our Chief Executive Officer and our two most highly compensated officers (other than the Chief Executive Officer), who were serving as executive officers as of December 31, 2013, or the Named Executive Officers."
Then read the table- it lists Tomas total compensation as follows:
2012 was $247K base salary + ZERO bonus + $100,000 option = $347K
2013 was $391K base + $375K BONUS + $170K options = $936K TA DA !!!
Almost a TRIPLE in compensation- not bad, eh?
Comella was:
$159K base + $125K bonus + $82K options = $366K for 2013.
Her 2012 total was about $105K.
So that's a nice TRIPLE or so for her too.
(1)
On August 1, 2013, Mr. Tomas and Ms. Comella received $375,000 and $125,000, respectively, promissory notes for bonuses awarded. The promissory notes bear 5% interest per annum, unsecured and are due on demand.
(2)
On August 1, 2013, Mr. Tomas and Ms. Comella were granted 10,000,000 and 5,000,000, respectively, options to purchase the Company’s common stock at $0.01576 per share for ten years, vesting annually over four years.
(3)
On September 1, 2013, Mr. Tomas, as a member of the Company’s Board of Directors, was granted 400,000 options to purchase the Company’s common stock at $0.01654 for ten years, vesting immediately.
NOT A BAD GIG when you're bleeding cash and using ASHER and just doubled the outstanding shares in less than a yr, and can't give an update on MIRROR, your flagship product/phase III trial due to apparently "funding issues", eh? That's my opinions of course- but it's all there in black n white in the ole 10-K just released. Didn't rub me the ole right way. But hey, that's just me. Like it, buy, sell, hold - all per your own due diligence and again, good luck to all.
