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coldasice

03/06/12 10:50 AM

#8605 RE: Tonew2 #8604

But why! Where's the weak link in the process?

Lets give the benefit of the doubt to the company. If the process is slow, and management truly believes in the future, perhaps it's time to do some trimming.
Take one for the team so to speak.

What's the biggest expense associated with the adoption process? Salaries! $360,000 for a CEO of a start up? Specifically this CEO. WHY!!! What is it in his past, that makes him worth that much money.
Look at the average salary of CEO's who participate in early stage companies. Base,$150,000, plus a performance bonus.

You have a CFO making $225,000 and a chief commercialization officer making a similar amount. Just those 3 employees make 2 times what the company produces in revenues in a fiscal year.

This is your company. Not one of those 3 aforementioned employees
owns stock in CryoPort.