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This excerpt taken from the PDGI DEF 14A filed Apr 30, 2007. Section 16(a)
Beneficial Ownership Reporting Compliance
Section 16(a) of the Securities Exchange Act of 1934
requires our officers, directors and persons who own more than
10% of our common stock to file reports of ownership and changes
in ownership with the Securities and Exchange Commission. Based
on our review of the Forms 3 and 4 submitted to us during
and for 2006, we believe that our directors, executive officers
and 10% stockholders have complied with all Section 16(a)
filing requirements with the following exceptions: Form 4
filed by Jack Levine, C.P.A. on February 2, 2006,
Form 4 filed by Arnold Golieb on February 2, 2006,
Form 4 filed by Marc LeBel on May 16, 2006,
Form 4 filed by David Natan on May 16, 2006,
Form 3 filed by Johane Boucher-Champagne on May 11,
2006 and Form 3 filed by Mark Di Ianni on April 23,
2007. We have instituted a new internal policy which will
facilitate the process under which we file future Forms 3
and Forms 4 in order to timely file all future Forms 3
and Forms 4.
Compensation
Discussion and Analysis
This Compensation Discussion and Analysis explains the
principles underlying our compensation policies and decisions
and the principal elements of compensation paid to our executive
officers during 2006. Our Chief Executive Officer, Chief
Financial Officer and the other executive officers included in
the Summary Compensation Table will be referred to as the
“named executive officers” for purposes of this
discussion. In general, the compensation principles for our
named executive officers are similar to those of all our other
executive officers.
Compensation Objectives and Philosophy
The Compensation Committee, also referred to herein as the
Committee, of the Board of Directors is responsible for the
following:
As part of this process, the Committee seeks to accomplish the
following objectives with respect to our executive compensation
programs:
The Committee seeks to achieve these objectives by:
This excerpt taken from the PDGI DEF 14A filed Jul 24, 2006. Section 16(a)
Beneficial Ownership Reporting Compliance
Section 16(a) of the Securities Exchange Act of 1934
requires our officers, directors and persons who own more than
10 percent of our common stock to file reports of ownership
and changes in ownership with the Securities and Exchange
Commission. Based on our review of the Forms 3 and 4
submitted to us during and for fiscal 2005, we believe that our
directors, executive officers and 10% stockholders have complied
with all Section 16(a) filing requirements.
This excerpt taken from the PDGI 10-K filed May 1, 2006. Section 16(a)
Beneficial Ownership Reporting Compliance
Section 16(a) of the Securities Exchange Act of 1934
requires our officers, directors and persons who own more than
10 percent of our common stock to file reports of ownership
and changes in ownership with the Securities and Exchange
Commission. Based on our review of the Forms 3 and 4
submitted to us during and for fiscal 2005, we believe that our
directors, executive officers and 10% stockholders have complied
with all Section 16(a) filing requirements.
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