NOR 7.55% 4.9¢ norwood systems limited

Why does Paul (or anyone else) need BACK PAY of sacrificed...

  1. 29 Posts.
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    Why does Paul (or anyone else) need BACK PAY of sacrificed salary upon the announcement of a new 7 figure deal? He has already benefited from Norwood's decline more than any other investor because of his salary. His own existing holdings in the company should be more than enough incentive to actually pull his finger out and deliver profitable deals. The fact that this hasn't happened after years of promises says more about his and his company's ability to get it done than it does about not having enough incentives!

    The incentives for Paul are already sufficient IMO. His financial security already relies on getting those deals over the line. No amount of reward is going to make a difference here. If anything, short-sighted rewards structures are probably just going to encourage him to sign deals that have high revenue targets but are just more hot air with unachievable targets, designed to sucker investors into giving him more money.

    I don't think we should be offering any further rewards until AFTER he brings the company to profitability, and not before he starts rewarding the suckers who have been funding his salary or many years despite receiving nothing in return.
    Last edited by UbiquitousOne: 12/09/19
 
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