Relaxation & Fun, page-73

You just don’t get it!

Simon has a remuneration package of $650,000. It contains a mix of cash and bonises and free shares options. We know this because ot was disclosed in the Annual Report and approved by the Auditors!

$650,000 is a HUGE package when you consider (a) the market cap and solvency situation of the company (just $13m and $2m respectively), the share price performance vs peers over the past year, (c) simon’s “professional” background

Im not overly concerned because Im a not holder, but I do think it absurd that you would defend his salary in the current context.