Checking out Mark Kroll, I find that he made a lot from his TASR employee stock options in 2004 and continues to make money despite the stock slump.
For example, TASR Securities Form F4 11/12/04 shows acquisition of 3333 shares at $0.65 and 13334 at $0.75 with same-day divestiture at $54.06 for a net profit of $888,851. Cumulative profit seems to have been about $2,475,947, though F4 4/29/04 records a sale of 9000 shares at $81.12 where the acquisition price isn’t clear and may have come from a split.
Forbes magazine’s profile at http://people.forbes.com/profile/mark-w-kroll/39056 covers Kroll’s previous four years of total compensation from Taser International 2006 $225,641; 2007 $268,035; 2008 $347,214; and 2009 $339,549; for a total of $1,180,439 So conservatively Kroll has probably made at least $ 3.6 MM from his connection to Taser. If he, as a biomedical engineer-inventor has some patents, the amount might be greater.
So what does Kroll tell the Canadian Medical Association Journal on September 23, 2008 about his links to Taser? As the lead author of a letter from the TASER International Scientific and Medical Advisory Board countering a Canadian study that found Taser shocks caused cardiac problems in pigs, Kroll declares the following modest-sounding competing interest, and does not acknowledge being a Director of TI.
Competing Interests: Mark Kroll holds stock in TASER International. He has served as a consultant for TASER International and has received travel assistance from TASER International for attending medical conferences. (references to other authors deleted for brevity.)
http://www.cmaj.ca/cgi/content/full/179/7/677-a in answer to http://www.cmaj.ca/cgi/content/abstract/178/11/1451?ijkey=e9208d871f2a60a95dc7b3e6fa4617cafbcad2a7&keytype2=tf_ipsecsha
He has a nasty habit of failing to disclose, or failing to fully disclose, his extremely close ties to Taser International.
Thankfully, he and his opinions have become of negative value to Taser International. And that may explain why he has gone fairly quiet in recent months (since, oh, roughly 1st of May 2010 - the date when Taser International walked away from Kroll's discredited argument that tasers cannot affect the heart).
It's funny and tragic that his level of "expertise" is such that I, a layman in such things, can point out his technical errors.
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Checking out Mark Kroll, I find that he made a lot from his TASR employee stock options in 2004 and continues to make money despite the stock slump.
ReplyDeleteFor example, TASR Securities Form F4 11/12/04 shows acquisition of 3333 shares at $0.65 and 13334 at $0.75 with same-day divestiture at $54.06 for a net profit of $888,851. Cumulative profit seems to have been about $2,475,947, though F4 4/29/04 records a sale of 9000 shares at $81.12 where the acquisition price isn’t clear and may have come from a split.
Forbes magazine’s profile at
http://people.forbes.com/profile/mark-w-kroll/39056
covers Kroll’s previous four years of total compensation from Taser International
2006 $225,641; 2007 $268,035; 2008 $347,214; and 2009 $339,549; for a total of $1,180,439
So conservatively Kroll has probably made at least $ 3.6 MM from his connection to Taser. If he, as a biomedical engineer-inventor has some patents, the amount might be greater.
So what does Kroll tell the Canadian Medical Association Journal on September 23, 2008 about his links to Taser?
As the lead author of a letter from the TASER International Scientific and Medical Advisory Board countering a Canadian study that found Taser shocks caused cardiac problems in pigs, Kroll declares the following modest-sounding competing interest, and does not acknowledge being a Director of TI.
Competing Interests: Mark Kroll holds stock in TASER International. He has served as a consultant for TASER International and has received travel assistance from TASER International for attending medical conferences. (references to other authors deleted for brevity.)
http://www.cmaj.ca/cgi/content/full/179/7/677-a
in answer to http://www.cmaj.ca/cgi/content/abstract/178/11/1451?ijkey=e9208d871f2a60a95dc7b3e6fa4617cafbcad2a7&keytype2=tf_ipsecsha
He has a nasty habit of failing to disclose, or failing to fully disclose, his extremely close ties to Taser International.
ReplyDeleteThankfully, he and his opinions have become of negative value to Taser International. And that may explain why he has gone fairly quiet in recent months (since, oh, roughly 1st of May 2010 - the date when Taser International walked away from Kroll's discredited argument that tasers cannot affect the heart).
It's funny and tragic that his level of "expertise" is such that I, a layman in such things, can point out his technical errors.