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Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Metals & Mining Industrial Metals & Minerals
Emerita Resources Corp. is a Canada-based natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company has a 100% ownership interest in the Iberia Belt West (IBW) project located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits. The... see more

TSXV:EMO - Post Discussion

Emerita Resources Corp > at least shareholders get to vote no, feathering own nest ?
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Post by Ogopogo007 on May 21, 2023 7:14am

at least shareholders get to vote no, feathering own nest ?

from pg 6 of MIC

The Board believes that except for certain material changes to the Stock Option Plan it is important that the Board has the flexibility to make changes to the Stock Option Plan WITHOUT SHAREHOLDER APPROVAL, include appropriate adjustments to outstanding options in the event of certain transactions et al

IMHO options are mostly mngmnt's snouts in the trough

How about mngmnt makes money the same way shareholders do? By buying shares and increasing the value of them !!

I'm voting no
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