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Old 05-15-2012, 01:49 AM  
teomaxxx
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Join Date: May 2003
Posts: 2,734
Quote:
Originally Posted by L-Pink View Post
"His total compensation rose from $314,000 to $818,000, paid almost entirely in cash." so he brought an empty gym bag to work or they mean it wasn't based on stock options?
you dont issue stock options in the company close to BK, you take rather cold hard cash.

I am heavily invested in a small company (SPIN.OB), where the CEO refused to take around 5 percent ownership of that company in stock compensation and even converted his own loan to the company into its stock with a price close to the 104 week high. Yeah, and he almost work for free as one of founders...thats a real class. Participating only if the upside is good. Not this WallStreet kind of behaviour like with FFN

Last edited by teomaxxx; 05-15-2012 at 01:52 AM..
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