OTCPK:ARNBF - Post by User
Post by
BWJohnon Aug 27, 2014 12:44am
506 Views
Post# 22881034
Spending money without a care in the world if it makes
Spending money without a care in the world if it makes sense/cents or not!
Are they serious?
"Arcan has identified employee retention as a key risk in its ability to retain and develop highly skilled individuals and key management employees. In August 2014, the Corporation implemented a retention program for all employees of the Corporation which will pay a total of approximately $3.4 million, of which one half is payable on March 31, 2015 and one half is payable on August 31, 2015." I'd agree to this IF and only IF Arcan SP hit $1/share.
"General and administrative (G&A) expenses increased from the first quarter as a result of costs associated with the proposed plan of arrangement (the Arrangement) with Aspenleaf Energy Limited (Aspenleaf) " MY MY - they paid themselves handsomely for putting together that load of rubbish - and all we were rewarded with was falling SP.