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Competitive Technologies Inc. Message Board

  • rrtzrealmd rrtzrealmd Jan 21, 2012 8:39 AM Flag

    Awwww, gee!...it looks like I won't...

    ...be able to pick on Aris Despo for never having bought any of CTTC's stock anymore:

    "In an unrelated personnel change, CTTC's Executive Vice President., Aris Despo, has resigned from the Company."

    ...per:

    http://finance.yahoo.com/news/Competitive-Technologies-pz-1456692311.html?x=0

    ...maybe that was the only way he could finally collect his backpay:

    "Beginning in January 2009, Mr. Despo began deferring a portion of his salary until the company is in a stronger cash flow position. This amount includes deferred wages of $32,308."

    ...per the 10K...I mean, gee, what with the company poised on the brink of burgeoning sales and profitability, you'd think he coulda held on a few more months...right?...

    ...also, doesn't it seem odd that Johnnie would announce such a significant "unrelated personnel change" in the middle of a PR about looking for a medical director?...

    ...I mean, after all, Aris was the other HALF of executive management, right?...half of management resigning seems like a SIGNIFICANT event that -- in all fairness to shareholders and potential investors -- should be broadcast more prominently and which probably even deserves an 8K of its own...right?

 
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