Exactly an irresponsible post like this that misleads people.
Specifically on your statement: Bert Alfonso (previous CEO) cash wages $350k (in FY2017). He resigned in December 2017 so his wages for FY2018 was only around $186k. Mark Schuessler (previous COO and stepped up to CEO) cash wages $500k both in FY2017 and FY2018.
So management saved on Bert's wages (Mark took up his jobs with no additional salary).
Again, I'm also disappointed with the performance so I am not defending them. But at least our criticism towards management should be accurate.
YOW Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held