RE:Misery Loves Company
Good Morning,
I completely understand the issues and the duress they are under. I am not sure if you read their circular prior to the May 9th meeting but I was suprised in my opinion to see the CEO's salary increase to over $580,000 in 2013 from the prior year of $300,000.
They are also reducing Board Seats from 7 to 5. I do think the lead independent director is a good leader and these next few months is where management justify their positions.
John Paulson from what I hear is moving people around. I am not sure how it will affect his activity level with Eco Oro.
Are any of you attending the May 9th meeting?
Tottenham