While the CEO compensation amount may seem on the high side, I believe the Company is fulfilling its commitment to pay what was agreed upon when John Knowles came over to Wildcat. I suspect that the difference from last year is due to John having taken a volkuntary pay cut in the midst of the financial crisis, just as the rest of the staff did. No doubt the plans that were in view when John was hired were quite different than what has transpired over the past two years as the general economic and market collapse came into effect. It seems that we are now about to get back onto a more positive track and hopefully we will see results from the dollars invested in competent people. JMHO.
NL