SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wegener
WGNR 0.00810-2.4%Jan 16 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SDR-SI who wrote (1599)11/5/1998 6:10:00 PM
From: hookjock  Read Replies (1) of 2919
 
Took a brief look at the proxy,

1)Woodbury nad Parks are up for re-election
2)Amend the certificate of Incorporation so they can issue preferred stock

These are the two main points. They tried to pass this preferred stock item last year but it got voted down. They say the availability of preferred stock would:"provide the company with flexability of action for possible future financing transactions,including acquisitions,employee benifit plans and other corporate purposes."

They revealed their bonus package in the filing:

Placek made $178,209 in salary with a bonus of $10,331

Woodbury made $130,786 in salary with a bonus of $7,582

Smith made $108,333 in salary with a bonus of $25,000
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News