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What we know.. Lisa Zhang: Salary USD$180,000 per annum Athan...

  1. W007
    3,335 Posts.
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    07/07/16
    23:55
    Post #: 18221202
    What we know..

    Lisa Zhang: Salary USD$180,000 per annum
    Athan Lekkas: Salary USD$362,000 per annum including board fees.
    Chris Wood: Salary USD$272,000 per annum including board fees.

    Total per ann salary: USD $814,000, that's $67,8333 per month USD

    Xped will be paying just over 1Mil in AUS for 3 Senior board members, excluding the rest of the staff we have... to be exact it's $1,083,022.96 in salary.

    Chris Wood is right now in process of relocating over to San Francisco - we should have the new US office details announced soon.

    My point is - i HIGHLY doubt our management would blow over $90K per month on salary just on 3 staff members without crunching the pipe line numbers and evaluating % probability of closing deals! Basing this around the current TMT report revenue numbers...it just wouldnt make sense as the company would be burning cash very quickly.

    They say you need to spend money to make money...i'm pretty confident that if we Xped have made a decision to spend over 1mil AUS per ann on salaries, cost of seats has been taking into consideration.

    We wait..
    Last edited by W007: 07/07/16
    XPE Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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