"The bottomline is That we want to see results before high salarys a re paid. "

As said often on this board: The BoD gets a lot of money and so does RG since Nov 08.

My question is: How can he justify half a million dollar salary as success bonus, while the shareprice has lost 75% since his start?

No wonder he was so excited about PTSC's future at the beginning (look at his first shareholder letters) - now this phrase is missing and he describes the way "we have chosen to pursue will result in tremendous competition as well".

Another hint to another problem we will "surprisingly" have to face with Crossflo? Ouch, there will be competition!!! And if it doesn't work, it's the competition's fault.

Sorry, I had to vent a little, better I go for a run to relax a bit.

GLT the USPTO