Arcan Resources Ltd ARNBF

RE:RE:RE:Employee retention bonuses

[teevee]

hardeehar wrote: There's no negative news because analysts can't be bothered reporting on this lame-duck company anymore.  When Arcan's Management (or more appropriately mis-management) endorses a deal with a buyer who's president publicly states that the company is stuck in the mud and ultimately fail without additional capital and then not get the deal done because they lacked the foresight to first bring the major shareholders on board - that's just like shooting yourself in the foot isn't.

Way to go Arcan!  Reward yourselves with Big Bonuses at shareholders expense!

Pathetic.  I need to puke..

there is always a flip side. As it is, ARN is treading water trying to keep production flat. Try imagining Arcan's situation if field people familiar with operations, like drilling and completion engineers left the company. Who in their right mind would want to work for a company like ARN that is on life support as it is? Perhaps if it wasn't for retention bonus to employees, they would be leaving to look for better opportunity elsewhere? Where would that leave ARN?