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 : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey E. Klein who wrote (1305)8/15/1998 8:53:00 AM
From: Big Dog  Read Replies (2) | Respond to of 1956
 
Management's interests are certainly aligned with us shareholders:

* CEO Caputo owns 54.5% of the outstanding shares.
* 245,000 of the 345,000 shares caught up in the attorney's IPO
non-registration error are those belonging to CEO Caputo, Phoenix Home
Life Mutual Insurance Company( 10.2% stockholder), and Director John
J.C. Herndon (10.2% stockholder).
* Only three officers have stock options with an exercise price as low
as $4/share.
* All other officers have stock options with exercise prices of $9 or
$12/share.
* Officer salaries are very modest (which gives these officers every
incentive to get this stock up in price and turn these out-of-the-money
stock options into in-the-money options).

Source: Prospectus, dated March 12. 1998 and 10Q (amended), date June 17, 1998.