>> Tom: Did GTC consider deferring the 2005 bonuses until such time as there are results commensurate with management’s effort? It would have been a nice gesture.
As things stand, I think these bonus awards will further damage the company’s credibility in the investment community. Regards <<
"GTCB has just issued an aggregate 272K shares and 300K options to six officers. (According to the SEC filings, the shares are in lieu of cash bonuses for 2005.)"
About that same number of shares were sold during the last 15 minutes of trading today.
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