Intrinsyc Software International Inc ISYRF

RE:RE:RE:RE:RE:NCIB 10,000 Shares Repurchased

[Orillia7]

I don't see any evidence that management or the board members individually are overcompensated in salary or options.  Seems about right to me.  I've followed the company a long time and they used to pay management the same or more when the company was losing money.  I think Tracy has earned everything paid and more.  The relationship with Qualcomm and all the benefits it is providing would not exist without him.  So you can say it is all shareholder money, but someone has to run the company and they need to be compensated.  We are all disappointed in the share price, but as long as we are going to be public, we have to have directors and you aren't going to get anyone to work for free.  Now, we don't need 7 directors and we don't need to even need be public.  So i'd be happy to see 3 directors, or even better, for the company to be put up for sale.  I wouldn't be surprised to see Qualcomm scoop them up.  They could buy ITC at a huge premium with their petty cash. I'm holding out for $2 or Qualcomm to come in and buy them for something higher.