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jckrdu

04/23/18 8:06 PM

#65834 RE: ignatiusrielly35 #65832

Yeah, maybe a little high, but if O'Conner has 4% of the company, they probably figured they needed to get the new guy 2% to get him interested.

Salary of $500k per year is maybe a little high given ADXS current cash position, but it wouldn't make that much difference if it was $400k, which is the lowest it ever would have been for the CEO.

I don't worry too much about the "one time" bonuses, but they do add up.

Should just have the new CFO's package coming later.

I'm generally somewhat happy that he's only going to make a killing (what shareholders want) if the pps makes a killing moving higher than $1.62.

Not sure if he's getting annual RSUs like O'Conner did.
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tinfoillurker

04/23/18 8:36 PM

#65839 RE: ignatiusrielly35 #65832

Yeah, if you look at it in a vacuum. But how many people get to wet their beak on our dime before we do? Where is any proof that investors should tolerate (blindly, mind you) a boneheaded strategy that apparently involves a near full turnover of management plus giving gifts both in and out the door?

Next up we'll hear the 5 "disappeared" execs have been replaced with a new crew with juicy comp packages and the outgoing crew gets free goodies too.

This shit is on the BOD. They clearly don't have any considerable skin in this game. Raid the coffers every chance they get. Sidransky, want my bank login too?
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Donjayouworry

04/23/18 10:12 PM

#65855 RE: ignatiusrielly35 #65832

Those ridiculous incentives for doing the job you are paid to do go back to the Tom Moore days. The common denominator is the incompetent BOD members (Appel, Berman, Patton).