Good point and I hope it is true but my hopes are only 10%
NP has conducted these cc and he just gives big promises - go back and find a cc where he actually give good news - normally it is some big promise and then one or two bad news.
The co has 6 permanent employees - the so called comp committee could care less about salary hike - it does not go from their pocket.
BL, I hope you are right in thinking Pourhassan would not be so bold as to give himself a huge raise without backing it up with news on non-dilutive financing.
However, Pourhassan has continually taken an undeservedly high salary while the company was breathing fumes, and had to go back to Paulson for dilutive financing time and again.
So I am not convinced this time will be different, although I hope it will be.