LOK looksmart limited

cfo rewarded for what

  1. 8,265 Posts.
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    Simonelli got paid $25k as a "bonus" for giving away Netnanny for NOTHING!!!!!


    Item 5.02. Compensatory Arrangements of Certain Officers.
    On February 22, 2007, our Board of Directors approved a discretionary cash bonus payment to our Chief Financial Officer in the amount of $25,000 in recognition of his contribution to a January 2007 transaction in which the Company sold its NetNanny-related assets to ContentWatch, Inc.
 
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