The BoD had the audacity to grant these bonuses despite the fact that HEB cut the salaries of its non-executive employees in Jan 2009. Despite the fact that the CEO received more than $1M in compensation in 2008. Despite the fact that the CEO received almost $3M in compensation in 2007.
Thats a riot....
All employess were paid half in stock...
as of today those 40 cent shares are worth 2.75
Nice little bonus for everyone....
including dr C....
Actually, $150K puts them in the top 10% of earners nation-wide. For being members of a board of a company that's hemorrhaging money year over year...for meeting once a month for an hour. Think about it. To state that $150K annually is nothing just shows that you're either a) completely out of touch, or b) an idiot. Which is it?
What this guy do besides nap?
Richard C. Piani
Hemispherx Biopharma, Inc.
Philadelphia , PA
Sector: HEALTHCARE / Biotechnology
82 Years Old
RICHARD C. PIANI, 82, has been a Director since 1995.
Show me a link where any insider has sold any of their "bonuses" where they actually "looted" the company.
All I see are bonuses issued. Looting would be if they dumped them right away and I dont see any forms showing insider selling.