GREY:PMBJF - Post by User
Comment by
donna19on Feb 06, 2008 3:59pm
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RE: mutually agreed-upon third party valuator
RE: mutually agreed-upon third party valuatorThese guys couldn't find an elephant in a phone booth let alone oil in an oil field! You're right my friend they issued 250k warrants with an exercise price of ten dollars according to a NR. dated Aug. 8/07 at the same time stating BCH had ten million shares outstanding. I like a fool thought these were being held in BRX's treasury, kind of a comforting feeling for a shareholder. I began to get wise though once I looked at the executive compensation table for 2006/07 and discovered Mr. Mears gave himself a $150,000 bonus in 06 and Mr. Pelensky took a $75.000 bonus in 07 and get this, Ms. Hecker got $100.000 bonus in 06 on top of a $73,000 salary. She only worked for the company for just over 14 months Oct.12/05 till Dec.4/06 and according to the executive compensation report provided by the company she was paid $50.000 untill Dec.31/05 then $73.000 in 06 as well as the above mentioned bonus of $100.000. Not bad eh. can you imagine $223.000 for 14 months work, and of course the two I previously mentioned got their bonus on top of their regular salary. They intended to wrestle BCH. away from BRX. all along as we can all remember the Sept.18/06 NR. and attempted rip-off at that time. They were forced to issue a NR. the following day cancelling that deal after all the flack they got from us shareholders. So here we are holding the bag after all, maybe not! The smugness of these people is amazing and I'll just bet they think their plan B is foolproof, not if I can help it, we'll just have to wait and see.