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Toxic Avenger

10/30/11 3:30 PM

#140321 RE: Rawnoc #140320

So the IR person worked for free for almost a year, then just as the price rose, took $400k worth of stock, which had been negotiated a year earlier?

Seems like an odd way to do things. Was the IR individual given a payment based on getting the stock to a certain price? What triggered the payment otherwise? Surely the company didn't just realize they hadn't given him anything for the last 10 months.
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flptrnkng

10/30/11 4:39 PM

#140324 RE: Rawnoc #140320

the IR firm was hired in June 2010

Except the 10Q says the 125K shares were given to an individual, not a firm.

Important distinction?