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To: KIPPer who wrote (13803)1/2/1999 11:35:00 AM
From: Ditchdigger  Read Replies (3) | Respond to of 44908
 
Kip, could you comment on these options?..TIA
"Under the terms of the employment contract, Mr. Piercy is entitled to:
(i) a salary of $250,000 per annum; (ii) 1,1,00,000 shares of common stock of
the Registrant registered on Form S-8; and (iii) options to acquire 2,500,000
shares of restricted common stock of the Registrant, at an exercise price of
$.40 per share, for a period of five (5) years, which options will vest and
become exercisable only if CCI attains certain revenue and profit margin targets
over the next three years."
edgar-online.com




To: KIPPer who wrote (13803)1/2/1999 11:41:00 AM
From: The Swordsman  Read Replies (1) | Respond to of 44908
 
Mostly lurking, but I don't believe that SI will do anything about DD's neagative postings. Quite frankly his posts are actual excerpts from the 10K and worthwhile to read.
However, I do agree that the repetitiveness with which he posts the same info tells us where he's coming from.
The only defense against this kind of poster would appear to me to be continued pressure upon him to call the company, get the answers and then post here. If he doesn't do it then maybe someone should.
Further, I would say that after 4 or 5 repetitive posts in the same few hours a complaint could then be lodged with SI for their consideration. It would be an harassment issue.

Sword