Woopie wow! A 20% bite for the top 3 BOD salaries. So our CEO now is making $400,000.00 per year!
I believe that the BOD's income should be TOTALLY bases on the companies price per share! On a quarterly basis if the stock price is down 50% then the BOD's salaries should be immediately adjusted downward by 50%. As is the case for our current CEO, he should now be making $500,000.00 - 90%=$50,000.00 year. That's all he's worth. If he doesn't like it, I'll take the job for $1.00 per year and if you look at my resume, I'm more qualified. I'll be waiting for Mr. Lectrone's call!
This company sucks!!!!!!!!!