I know a bit about exec rem and this is not out of the ordinary, even though I know some on here are bound to bore us with the "no revenue yet" screams of alarm. Interesting that he waived the special bonus on the raise. It probably wouldnt have looked very good at the time given a lot of shareholders were up in arms (wrongly in my opinion), but says a lot about how Coby views things that he was prepared to waive $900K at the time (assuming i have done my sums right on 60 million raise). Very pleased that he is being recognised appropriately.
Did anyone pick up on the "signed it's first commercial agreements". Is this just Skywater they are talking about????
Ann: Variation to CEO's Employment Agreement, page-13
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