Eurocontrol Technics Ord EUCTF

Directors’ Fees

[kidl2]

Puzzling or maybe not … Page 32 of the Y/E financials show that the SICPA director received $38,000 in annual fees while the other directors received 18,000 each.

 

Why would the SICPA appointee get to double dip?

Is it because he represents the only meaningful shareholding of any BOD member?

Is it because SICPA has a stranglehold on EUO?

 

SICPA is what I would call a “Slick Operator”. They have to be given the volatile political environments they operate in. They have an army of in-house and contract lawyers around the world prepared to defend or kill any SICPA contract.

 

Is anyone really stupid enough to believe that SICPA will allow EUO (shareholders) to benefit from any MAJOR contract?

 

All SICPA has to is stop payments and entangle EUO into a contract dispute. With no other income to speak of, EUO will be broke within a year or so.

[Raptorman2013]

Once again Kidl-2-Didl, you are providing the readers of this MB complete BS. "For the year ended December 31, 2017, Gilles Leraille, a director, was issued 300,000 stock options with a value of $38,000 (Note 17) which options expired September 23, 2017 in accordance with the terms of the Company’s stock option plan."

[kidl2]

Thanks for correcting me.   Strange way of reporting. Why list it as a director’s fee if the corresponding options expired prior to Y/E?   Anyhow, the rest of my post stands.

[Raptorman2013]

This is twice now in less than a month you tried to BS this MB! I thought you were the guy with all the knowledge? lol. But to further clarify, the SICPA representative is NOT GETTING PAID A SALARY AT ALL! So the idea of SICPA paying hardball in any way is out the window. The last time I checked we have laws in Canada and with public trading... If the B of D handles anything inappropriately, there