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Clockwise Core Equity & Innovation ETF V.CWC


Primary Symbol: TIME

Clockwise Capital Innovation ETFs (the Fund) investment objective is long-term growth of capital. The Fund is an actively-managed exchange-traded fund (ETF) that will invest under normal circumstances primarily in domestic equity securities of companies that are relevant to the Funds investment theme of 5G enabled opportunistic investing. The Adviser defines 5G enabled opportunistic investing as investing in companies that, in the Advisers opinion, best leverage the proliferation of 5G internet and cloud-based products and services. Investments may include, but are not limited to, companies focusing on artificial intelligence and machine learning, robotic and smart manufacturing, cryptocurrency and digital payments, electric vehicles and self-driving vehicles, preventative health and remote surgery, and big data and data security.


ARCA:TIME - Post by User

Comment by mjh9413on Dec 07, 2021 12:17am
216 Views
Post# 34204965

RE:Outrageous

RE:OutrageousAgreed. Now 20MM o/s with fair value aroung 13c-15c with award value paid in cash or shares. On top of ths share based payments to senior mgmt  and cash salaries totalling ~$2MM a year.Then they have NCIB using treasury money to buy back and cancel shares or to accrue shares to meet share payout under RSU awards. Plus a 10% rolling stock option plan for insiders' benefit. Okay not so unlike other oil industry companies but where does the common shareholder figure in this. I look at Brookfield entities 400MM share ownership and have to wonder why they are not smarting at this over-indulgence to executive awards especially when not out of a downturn.. Guess we might fell releived they only issued 7MM RSU's down from 11MM last Dec, a time when the downturn was really being felt!! Pretty agregious!
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