It would appear since you have taken control someone has finally looked at cutting costs out of the business, why did it take until you came for his happen, management 101 - manage & control costs "Austerity measures" looked it up Mr Casello?
Mr King just little more chopping and cutting to align salaries to the current share price, I'm happy for you to increase it when we hit the critical milestones and the share price moves accordingly, here is some information for you to work with....you can get of the ASX announcements so don't stress.