EFF Medinex v. Awe2bad4mdnx case

Re: What is the CEO's salary? Anyone
by: divorceattny

10/10/00 12:32 pm EDT
Msg: 2645 of 3574

 
I thought your question about Pacquin's salary was interesting, particularly when combined with all the Pacquin's. This comes out of the proxy that was filed in May.

CEO Tony Pacquin made $150,000 in 1999, and was paid a $50,000 bonus. He was also paid about $64,000 in long-term compensation. In November 1999 his salary was increased to $225,000.

Pacquin's wife Kelly McCarthy (does anyone wonder why she hasn't changed her name, well read on) was paid $41,666 for working 4 months last year. Amazingly she also received $106,000 in long term compensation. One of the embarassed brokers at ebi says she was also paid big time for bringing the deal to eBi. Pacquin is apparently her third marriage at the age of 30 and she supposedly only has a high schoold GED. You have to be kidding.

Gary Pacquin, the chief marketing officer was paid $125,000 plus a $50,000 bonus in 1999 and received about $45,000 in long term compensation.

David Paquin the vp of human resources (also known as the terminator) is paid $110,000 a year.

Michael Pacquin is Medmarket's general manager.
he was paid $41,666 for working there 5 months in 1999 and received $18,000 in long term compensation.

A number of the Mc/Packin's don't appear to have any college education. Amazing.

Rough Totals on a Yearly basis.
Tony Packin $339,000
Kelly McPackin $231,000
Gary Packin $220,000
David Packin $110,000
Michael Packin $118,000

It totals! $1,018,000

Absolutely amazing! No wonder they could afford some type of pay cut.

 Posted as a reply to: Msg 2619 by naggingfishwife  

Re: value investing
by: divorceattny

10/30/00 10:43 am EST
Msg: 2732 of 3575

 
Boys and Girls, thats right, a EBI broker (the underwriter) has told me that Kelly McCarthy (Pacquin's wife and the head of mergers and acquisitions at Medinex) prior two deals at EBI (prior to Medinex) were
Coyote ($5.00 IPO price) (in bankruptcy) and Ontro ($5.50 IPO price) now $1.75 and headed to bankruptcy if you look at the numbers.

Topping that off Pacquin is hubby #3 at the age of 30 and she is due for a promotion. Guess they are changing her title to head of bankruptcies and mergers.

The EBI guy also said they would be losing brokers, managers and offices in droves this week, wonder if its a coincidence.

 Posted as a reply to: Msg 2726 by ulna15

Re: Votenet Death Watch
by: divorceattny

01/19/01 08:10 pm EST
Msg: 3133 of 3575

 
Another bad deal for K. mcpowgwan. Looks like she is batting a 100.

premier concepts (near dead) about $5 million
coyote (banko) about a total of $15 million

ontro (virtually dead) $18 million
deadinex (lets pick a dead date) About $20 million.

You add it up!

All are deals Kelly Mcpowg claimed got done because of her. Congratulations!

Oh I forgot one, her ex 2 husbands. What a track record, what a surprise for someone with a GED.

Tony ought to realize she is already looking for the next sucker with a big public company wallet.

For the Blazer moron, its not uncommon that near bankrupt stocks breathe after tax selling is over. The only problem here is if they dont' raise a bunch of money 3 creditors will file together and its in eleven (how about the landlord, utility and IRS for not paying withholding before everyone else). The clients you are putting into this crap are going to love you, but its ok because you are getting about 10% chop aren't you. I can't even believe how much supply is here despite its being after year end. One EBI moron told me the stock would be a buck by the end of January, that will be really great for the clients that get to experience a buck to zap in thirty days.

You already have shown how stupid you are when you said they don't have "debt", current liabilities are debt when a company goes banko which this one has fought off so far, sales managers refer to companies as debt free when they don't have long term debt (nobody would give that to them in their right mind), guess which one you have.

The only reason you don't understand they don't have "debt" is because one of the morons at your brokerage told you they were debt free and you actually trust these guys or are too dumb too pull up the balance sheet.

Oh by the way my EBI guy told me brokers are bailing in mass partially because this thing is almost being forced down their throat. OUCH!

Oh one last thing, there is one other financial criteria that deadinex doesn't meet other than bid price, since its a balance sheet issue its going to be very hard to fix.

Hey blazer what are your other recommendations so we can get short. Congrats to EVIL Shortseller, you are the man, I have loved your post for a long time, congrats on the kill shot!
Have fun!

 Posted as a reply to: Msg 3122 by bogeyfree2000