November 2, 2016 CEO says: Also in support of our efforts to prudently manage financial resources, we are implementing cost reduction measures, including a temporary decrease in salaries of all POET executives in the U.S.
How much of the paycut do you think it will be? 5% or 10% each exec.? I do not know but why not a buyback? Instead of paycuts they should buy PTK shares on the open market.
One way or the other, you would be putting money back into the company but buyback looks way better for the shareholder value and overall shows confidence in future of the company.