I’m not sure how those numbers should be crunched. You could be right. But the point I was making that possibly as the CR sort of went a bit pear shaped CH may have thought there would be no appetite from the shareholders hearing he just got paid a big chunk of cash for that. Speculation of course.
yes in a way the board are saying they are giving it to him now but they must have some good reasons f r that. Also he no longer gets the slice of any future CR’s and I don’t doubt for a minute there will be more in the future.
in my opinion I think this is a good thing. Who knows if we will have some great news tomorrow or this week or next month but I remain convinced better times are on the way.
Ann: Variation to CEO's Employment Agreement, page-57
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