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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Martin E. Frankel who wrote (37758)1/16/2000 5:19:00 PM
From: ztect  Read Replies (2) of 44908
 
DDS Marty.....

Found the answer for myself to the question I posed to Ditch aka Ken.

Hancock's '99 compensation was as follows:

Salary of $156,000 (at a tax rate of 39%) as Ditch reported,
PLUS exercised options through 12/15
of another $1,500,000 (at a tax rate most likely of 20%)

So Hancock's '99 compensation was $1,656,000

The Executive VP of Worldwide Sales Sam Mohamad' s '99 compensation was also considerable: $387,000 salary and $1,800,000 in exercised options.

Significance of this?

Just a demonstration of purposeful omission.

Sincerely,

z
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