Brief: Qualigen Therapeutics Inc's Board Approves Temporary 20% Reduction To Base Salaries Of All Execs

Aixcrypto Holdings

20/01/2023 21:55

Jan 20 (Reuters) - Qualigen Therapeutics Inc  QLGN.O :
    * QUALIGEN THERAPEUTICS INC - ON JAN 13, BOARD OF CO AS PART
OF
CERTAIN COST-CUTTING MEASURES, APPROVED TEMPORARY 20% REDUCTION
TO BASE SALARIES OF ALL EXECS
    * QUALIGEN THERAPEUTICS-PART OF COST-CUTTING MEASURES,BOARD
ALSO
APPROVED TEMPORARY 20% REDUCTION TO NON-EMPLOYEE DIRECTORS'
ANNUAL CASH COMPENSATION
    * QUALIGEN THERAPEUTICS-PART OF COST-CUTTING MEASURES,BOARD
ALSO
APPROVED ELIMINATION OF POSITION OF VP, CHIEF SCIENTIFIC
OFFICER, EFFECTIVE JAN 17

Source: (shorturl.at/jmvw7)
Further company coverage:  QLGN.O 
 ((Reuters.Briefs@thomsonreuters.com;))