GREY:ISYRF - Post by User
Post by
esprit1on May 12, 2014 4:25pm
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Post# 22552430
Need to get expenses/compensation down
Need to get expenses/compensation down
This was likely their best quarter since I can remember - but this cannot be a one off. This needs to be a trend. Until they do ICS board and executives are overpaid. With revenues last year of 5.9 M, compensation for the CEO and CFO is fully 10% of revenues. Add board costs (expenses) and you are looking at a number closer to 15% of gross. That number is far too high for a company of this size.