Replies to post #42222 on Plastic2Oil Inc (PTOI)

[99leadballoons]

Wrong. Any compensation to the CEO must be approved via vote by the board of directors who are signficiant shareholders themselves.

Sorry sir, you are incorrect. The board's shares are dwarfed by his voting stock. If John decides it, he need only say "#2, make it so."

Unless of course you are trying to say that he gave equal voting power to everybody on the board.