TS03 Inc Trust Units TSTIF

RE:RE:Congrats Echo and shame on rumble

[StocksFTB]

Teekae - I have no problem  with performance based compensation, but when a company issues options I think the goal is to align management with shareholders so that we all feel we are in the same boat.    When options are granted I would like to see them held onto as a sign of confidence and alignment.  When someone who doesn't own much stock exercises and sells options it defeats the purpose of granting them as the exercise and sale is seen as a negative catalyst or lack of confidence in the prospects of the company.  The best companies have substantial insider ownership and that is simply not the case with tso3.  

Here is a comment from another Canadian Company on share ownership from their proxy

Director Share Ownership Policy

 

Many Canadian public corporations have adopted mandatory minimum share ownership requirements for board members. It is important to the Corporation that the Directors are seen to have “aligned” their personal interests with the Shareholders by owning Shares and/or Deferred Shares.  (a)       The minimum shareholding requirement for all Directors is set at three times the amount of the annual retainer  paid to Directors.

Go and look at Tso3's C suite executives and the board and ask yourself if any of them have purchased 3x their annual salaries in stock.