Yes were only a small BB company, that, granted, has a profit on our books recently...but to fail the shareholders with... lack of information, to have at risk some $15MM of "OUR MONEY", and not be successful in the near-term planning to raise funds for possible M&A,
then the BOD should IMMEDIATELY END the FOLLOWING...
Name |
|
Fees Earned or Paid in Cash
($)
|
|
|
Option Awards
($)
(1)
|
|
|
All
Other
Compensation
|
|
|
Total
Compensation
($)
|
|
Carlton M. Johnson, Jr. |
|
$ |
132,000 |
(2) |
|
$ |
109,118 |
|
|
|
-- |
|
|
$ |
241,118 |
|
Gloria H. Felcyn |
|
|
76,000 |
(3) |
|
|
109,118 |
|
|
|
-- |
|
|
|
185,118 |
|
Helmut Falk, Jr. |
|
|
36,000 |
|
|
|
109,118 |
|
|
|
-- |
|
|
|
145,118 |
|
If any one of the BOD had employees who were performing this badly in the attainment of corporate goals...they'd be let go...period.
You...the BOD...have not performed your fiduciary duties and responsibilities....satisfactorily.... to US...the SHAREHOLDERS/OWNERS
Ergo...your free ride for doing so little should end immediately.
You should all serve on the BOD for gratis like many other more/ and even less successful BOD's do.
Perform up to OUR EXPECTATIONS...and then you/we can consider reintroducing some $2.00 options, but the pay should end NOW.
You only exist for the benefit of the common shareholder, and you're not performing well at all....do so, or please resign and/or not run for the office next proxy time.
JMHO
