Re: '584 is.LOL..again rg + bod, you are for sure supporting ptsc best way...eom
posted on
Jul 07, 2009 08:53AM
The BOD was remunerated when the stock price went to $2.25 a share. They could have really been remunerated further if the stock price would NOT have tanked; hence, the stock options provided good compensation for a short time. Then the BOD decided to issue dividends to stockholders along with outstanding warrant holders. If the BOD had done a good job when revenue started coming in, then the BOD and all stakeholders would have been able to participate. Instead, the BOD provided a small window to grab gains; otherwise, you were sent on a declining stock odyssey for the last three years.
Once again, reasonable compensation with stock options should be offered to the BOD. NOT outrageous payouts without any accountability.