From Seeking Alpha:The two top executives received base salaries of $450,000 and $410,000 in 2014. Their total compensation for 2014 was $964,000 and $843,000. This compensation is for a company that had net losses of $13.928 million in 2014, $20.862 million in 2013 and $17.253 million in 2012. Normally I use a salary to sales ratio to evaluate if a Company's compensation is out of line. Given the fact that Palatin has no revenues this is a useless metric. Using sales to profits is another metric that an be used to measure performance. Once again, this metric is useless because Palatin has no profits. If there was at least a change in the loss which resulted to near break-even results I could understand the large salaries. As of today, however, all I see is $1.8 million in compensation to the top two executives of a company that has yet to execute a business model which has shown an ability to increase shareholder value. All one needs to do is look at the following: Date Price June 2015 $1.03 5 years ago $2.60 10 years ago $18.50 2000 $85.00 Historical prices adjusted for 1:10 reverse split in 2010 Now the stock trades for a mere $0.38 and may hit single digits by the end of the year.