LITHIUM X ENERGY CORP V.LIX

Compensation vs Profit

[MPetersen]

The investor voting information I received for LIX indicates some difficult realities to swallow as an investor: 

1. The company is not profitable.
2. The Executive Chairman, CEO and CFO were given double their salary from 2016 to 2017.
3. The Executive Chairman, CEO were given $360,000 in bonuses each.
4. Many of the directors were given large amounts of stock options, 4 of them over 200,000 in options.
5. They are asking to grant 600,000 shares to certain consultants and employees.
6. They are asking to grant an ongoing RSU plan and an ongoing stock option plan.
7. The company is posting a loss???

Don't get me wrong. I support this company. It just irks me when a company is losing money and giving their top brass big pay raises and bonuses and stock options and shares. I hope their management decides to wise up soon. Compensation is earned via results = profit

[Gordon52]

Other than the salaries given out, stock options, shares to consultants mean nothing if they are not profitable. These handouts are worthless until the company is profitable. I'd rather this option as paying them with borrowed money.