GREY:CKNBF - Post by User
Comment by
sablesavoyon Aug 23, 2008 8:38pm
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Post# 15406079
RE: management results vs. rewards
RE: management results vs. rewardsthe salaries are 30-40% higher than those given to profitable Cdn. publicly traded companies with revenues up to 10 times higher than Certicom and cash bonuses were nevertheless given to Crotty and Seguin amongst others. Am I correct?? Fiscal 2008 they did not met their objectives and so far FY 2009 - performance is sub par.
If they run a monthly deficit of a million bucks- they will likely run out of cash in 36 months. What happens to their salaries and bonuses then????
I want certicom to do well- its just that management has not explained how they plan to do it. I am leery and weary of another strategic plan to replace the previous.
To date, Certcom's problems can be simply summed up in one word: EXECUTION.
What do you expect for Sept. 6th.??