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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: DAY TRADER who wrote (22556)11/17/1997 3:36:00 PM
From: telephonics  Read Replies (2) of 30240
 
Hope so too. I read the recent fililing to the SEC and was somewhat shocked to learn about the salary/contracts with the top two in the company. They basically are not excessive considering the risks of a new start up. The bonus arrangements are presumed to be based up performance of the company-I didn't read any details of what has to occur for a bonus to be paid other than the board approving same. What really disturbs me is the $39,000 per year increase in basic compensation which is not at all tied to company performance. I dropped a note to the boss.Wonder if I'll get a response???
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