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TOPIC: Lloyd Dean

Lloyd Dean 05 Feb 2013 20:59 #109

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I posted this link on the YMB a long time ago...but for those you missed it or forgot ...this link shows Dean's thoughts on compensation.

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Lloyd Dean 06 Feb 2013 00:37 #110

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Well clearly the compensation program at Cytori has the wrong metric has aparently has been reviewed and is failing miserably..... Unless of course you are on the receiving end of the compensation. :bang:

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Lloyd Dean 06 Feb 2013 05:06 #111

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hedge-

Yes- I listened to that testimony the day it was announced that Dean would join the Cytori Board. Its the only thing one can find on Youtube.

I certainly share his conviction- a good incentive pay program aligned with shareholders interests is exactly what I want.

The KEY here is- DO WE HAVE SUCH A PROGRAM?

In the past five years, when the annual option rewards have risen 400% have we seen this alignment with shareholders interests?

No- of course not- this is a mockery of the INTENT of INCENTIVE PAY. Chris Calhoun & Co are very hard workers and they will continue to work hard- the extra share will not have them forsake on sleep- nor will they prevent these gentlemen from making the same management blunders they have been making in the past -or will Dean look over their shoulders 24 hours a day in an effort to prevent those mistakes?

Its time Mr. Dean realizes he represents shareholders and not management.

And in the week-end I will think about, whether I should tell him that. Today I think I should- however these things need some "meditation". :really:
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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 06 Feb 2013 18:23 #112

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It is very much worth the question of what justifies the 400% increase in options awards.

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Lloyd Dean 07 Feb 2013 11:51 #114

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To put things in perspective- at all times- compensation for the executives have been based on industry standards and comparison to similar size listed Companies- one can only conclude, that Lloyd Dean chose another way of "rewarding" that is not based on benchmarks any longer. :cool:
Dean joined the Board in November 2010 and became Chairman in May 2011, so he was "responsible" for the 2012 and 2013 rewards only-
the string from the past for Calhoun-
2007- 70K options
2008- 85K
2009- 100K
2010- 150K
2011- 75K ( :nice: )
2012- 230K ( :bang: )
2013- 375K ( :bang: )

2013 on 2011 is exactly 400%.
One can only conclude, that there either is no corporate governance any longer at Cytori or CC has cast a spell on Dean & Board members or so many wonderful things happened in the background that we do not know about, that justify these numbers.

Take any pick you like.

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 07 Feb 2013 12:08 #116

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The string of numbers in the preceding post, would make a chart, which would go up pretty steep -

Calhoun and Cytori did exactly the reverse with shareholders equity- this is from the latest 14A filing available for 2011- filed end april 2012.




:vegas:
Attachments:
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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 07 Feb 2013 13:18 #119

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Maybe if we gave management even more options....LOL

Some time ago I posted on the YMB that one day CC will get 1 million share annual option grants. :bash:

Right now...the behind the scene action is helping no one long the stock, unfortunately. :cry:

:puke: :evil:

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Lloyd Dean 08 Feb 2013 05:17 #125

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Right now...the behind the scene action is helping no one long the stock, unfortunately


Sure- for that reason I obviously prepared the two posts on the DISCONNECT between management options and shareholders´interests, being the share price.

From the selection options- I think you can rest assured that Dean is no fool and that CC is not a male witch, so your selection I believe to be perfectly in order.

Than again- I am NOT spending ages of my time explaining (with this site) a lost cause. I think you will hear sometime in the future, explanations like - we needed the time working in the limelight in building up our IP portfolio or investigating those fat cells and have our partners "play around with the technology and see the magic themselves, in order to build our strategic position the way it will be known and realized sometime in the future. When I do not know.

As Calhoun should not write to ME (since I know), but should state on the front page of the Cytori Homepage and explain in every Investor presentation:

concept: make cells from adipose tissue the cells and source of choice for regenerative medicine versus bone marrow, cord blood, peripheral blood, ESC, iPS, etc :: Think INTEL Inside – we think we will own point of care processing of adipose tissue and the more demand and "standard of care" - the better we will do.

This is very evident today – whereas just a few short years ago (you likely remember this) everyone laughed at us bc we were so different and broke all the existing paradigms – so we must be wrong. Today – by far the leading source of cells used clinical around the world is from fat. The clinical world is already defaulting to cells from fat because it works, because it's safe and because it fits in all other categories – workflow, cost, easy of access / use, autologous, multiple cells = multiple mechanisms, point of care, real time therapy, etc etc.


I believe in that after reading zilch scientific papers and noting the ignorance of present days cell scientists in places like LinkedIn. Coming to think of that- I will "clean up" my hard disk this week-end - and there will come a time that I will make a database program available on the web, from which one can select those papers by topic, author and relevance for the forthcoming "age of regenerative medicine- dominated by FAT. :happy:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 08 Feb 2013 06:02 #126

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Second thought and conclusion-

If Calhoun does not put relevant data on the Cytori Home Page- I will have to do that- so you will notice a change on the Front Page of CYTX-Investor.com in an hour or two. LOL :cool:
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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 08 Feb 2013 11:53 #130

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Fas - Looking forward to the data.

Dean is no fool and he has been in top management positions and directorships for a long time. It is highly unlikely that the 10XWD and Double Down comments were made without basis. Running a company like Dignity Health lends him a unique perspective on the demand and need for CYTX's regenerative platform. When he says 10XWD, it is soundly based.

Management will always come out on top vis a vis the shareholders. That's the way it is. There is however a fiduciary duty to the shareholders and that is fair disclosure of material information. I may be wrong, but more disclosure will probably have led to a higher share price making dilution less painful.

At this stage however I would be happy with 10XWN (10 times my worst nightmare) which is the current price.
Happy does not mean I would sell at that level ...........$27

Dean ........ if your out there ...........
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Lloyd Dean 08 Feb 2013 12:17 #131

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John my friend- you sir ARE brilliant.

I pressed the thank you button 5 times- just shows up once though.

I know I should do or write something about the present situation, but did not know what.

Mr. Dean- show me the money... is a perfect title for what I would like to tell the man.

Thanks a lot. :write:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 08 Feb 2013 17:20 #133

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"show me the money" is online now -only for raccoons if you like.

I did send Mr. Dean an email informing him about the open letter- tomorrow, I will do some promotion on it- but anybody is welcome to spread it thru the social media as you wish and please.

I will have a glass of Dornfelder and go to bed afterwards.... :bye:
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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Lloyd Dean 09 Feb 2013 12:15 #135

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Any comments on the article? Reactions?

Moving and categorizing my scientific papers is such boring stuff, that it will probably take another month until I am done and I am not fit enough to continue with cell-treatment.net, since I drank one glass of Dornfelder too many last night. :KO:

Just thinking - should I put stuff like that at Seeking Alpha also? Personally I think the quality of the articles from them varies incredibly. Most of it is crap really, but than again who cares?

Opinions?

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:
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