Posted On: 02/15/2014 11:26:27 AM
Post# of 19
filed 10-Q
As of February 7, 2014, there were 61,860,726 shares of the registrant’s Common Stock outstanding. so plus 2M
Net loss per share: Q2 2013 -.07 versus Q2 2012 -.08
In September 2012, our Board of Directors adopted an amendment to the 2004 Plan increasing the total number of shares of our common stock issuable thereunder from 4,000,000 shares to 20,000,000 shares and approved the following grants of options under the amended plan:
Bolduc & Co have 13M free shares as option grants. As Edward Furlong as young John Connor said in Terminator 2: "Easy money."
Named Executives and Directors
Shares Granted
Glenn D. Bolduc
5,442,490
Dr. William J. McGann
1,498,972
Roger P. Deschenes
1,058,498
Dr. Darryl K. Jones
1,258,498
Michael C. Turmelle
640,949
Howard Safir
303,399
Robert P. Liscouski
806,798
John A. Keating
303,399
Todd A. Silvestri
730,949
Brenda L. Baron
730,949
Estate of Joseph E. Levangie
525,099
TOTAL
13,300,000
They were awarded options in 2012 "to reward management for the increases in shareholder value."
What about removing certain awards for the subsequent decrease in shareholder value? In some way they need to be pushed to act on shareholder's behalf, IMO. They could buy stock on the open market for example. Show that they believe IMSC is a good investment at these prices.
----
Gross margins are up slightly from 35.6% in 2012 to 37.1% in 2013
form 10-Q:
http://www.sec.gov/Archives/edgar/data/106887...-index.htm
As of February 7, 2014, there were 61,860,726 shares of the registrant’s Common Stock outstanding. so plus 2M
Net loss per share: Q2 2013 -.07 versus Q2 2012 -.08
In September 2012, our Board of Directors adopted an amendment to the 2004 Plan increasing the total number of shares of our common stock issuable thereunder from 4,000,000 shares to 20,000,000 shares and approved the following grants of options under the amended plan:
Bolduc & Co have 13M free shares as option grants. As Edward Furlong as young John Connor said in Terminator 2: "Easy money."
Named Executives and Directors
Shares Granted
Glenn D. Bolduc
5,442,490
Dr. William J. McGann
1,498,972
Roger P. Deschenes
1,058,498
Dr. Darryl K. Jones
1,258,498
Michael C. Turmelle
640,949
Howard Safir
303,399
Robert P. Liscouski
806,798
John A. Keating
303,399
Todd A. Silvestri
730,949
Brenda L. Baron
730,949
Estate of Joseph E. Levangie
525,099
TOTAL
13,300,000
They were awarded options in 2012 "to reward management for the increases in shareholder value."
What about removing certain awards for the subsequent decrease in shareholder value? In some way they need to be pushed to act on shareholder's behalf, IMO. They could buy stock on the open market for example. Show that they believe IMSC is a good investment at these prices.
----
Gross margins are up slightly from 35.6% in 2012 to 37.1% in 2013
form 10-Q:
http://www.sec.gov/Archives/edgar/data/106887...-index.htm
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