May. 21 at 12:06 AM
$PCSA Imagine a world where you increase your own annual pay almost 5X in the last few years while you were directly responsible for shareholders losing approximately 99.9% of their investments.
David Young takes a salary of about
$305K
Wendy Guy Makes
$325K
Patrick Lin makes
$325K
If you had personally witnessed or worked with all three of them, you would know just how insulting this should be to anyone whoever lost a penny believing in them and entrusting them.
"We have invested our time and our own money in Processa and its mission. We don’t believe value creation comes from bloated payrolls for executives in the C-suite; it comes from generating compelling clinical data. This is where we are allocating our resources. After uplisting on the Nasdaq, we demonstrated our personal commitments by limiting the combined cash compensation for our six C-suite members to less than
$600K annually. This aligns our interests with our shareholders."
A man is only good as his word...