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Spectrascience Inc. Message Board

  • slowpac slowpac May 15, 2013 8:09 AM Flag

    No surprise here ,,since MO has bot limited shares of this Co

    sends a clear msg...he does not even believe in his own skills...shame on him and the BOD...seems just there for the paycheck...JMHO

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    • Bloomberg/BusinessWeek reported that Mike O was paid $470K in 2012. That is a good reason to hang around and not have to show positive results for your shareholders. Mike has so much faith in the company that he owns 49K shares that cost him $4900. He has received 3.5 m options at .15/sh. He, to my knowledge, was never a CEO prior to SCIE.

      My main beef with him is his lack of ability, after over 2 years, to not be capable of raising any funding with investment banks which is one of his key responsibilities. No Capital, No Production of WavSTAT, No Sales!

      The Board must take action on Mike and Jim. If not, it is time to face up to taking a tax loss.

 
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