Replies to post #41083 on Cytogenix (fka CYGX)

[nearlynapping]

I knew there had to be some love somewhere around here. So does that mean you are a 1.???

[bigworld]

Paulness: You confuse the issue. When CYGX become a "trillion dollar" company, I'd be the first to award Malcolm a huge salary and a big bonus. But right now it is a but a small pimple on the ass of the biotech elephant. Malcolm's salary and bonus are a drain on the extremely limited resources of the company. As I have said, we could hire two more scientists to allow us to make faster progress in the lab if Malcolm was being paid for what has actually been accomplished thus far. Not hopes, not wishes, not dreams....but actual accomplishments.

[david02835]

Paulness, We all want this to work! DUH! The company is paying good pay and getting no reported results, no reported schedules for results, no reports of sales, fluff PRs, disdain from management toward shareholder value, "in-crowd" PPOs for current investors (ugh!), and worst of all pay increases in the face of potential failure. If you have some sort of knowledge that would be helpful to your fellow posters on this board that eclipses the company web site, please give it to us. I'm in only until the predicable year end hype unless I SEE something of value. Paying big bucks does not make a good company, and this company is NOT a "big boy stock"! Take care and glad you're still up about it all.

[neo43]

So CYGX should overpay its executives . . .

just because GNTA does? I don't buy it.

I'm totally in agreement with bigworld on this -- compensation increases (and bonuses) should be awarded only based on visible progress and achievements.

[Jimmy Joe]

Okay ladies and gents we are all in agreement that this and just about every other company pays its executive branch way too much for the work they do (which ain't much) and the compensation up to this point for this group has been tremendous for virtually nothing in return

HOWEVER

we CYGXers (the RBW and the COMPLAINERS) are stuck with this management group for better or worse. Like it or not that is just the way it is folks.

Now all we can do is

hope for direction by directed

OR

if you think this management will ultimately fail dump out take the tax loss or gain and find something better.

Why go over the same nonsense day after day?

Just cash out and be a happycamper.

Jimmy Joe