Nickel 28 Capital Corp V.NKL

Cochrane feedback

[enjoytheride]

Sure a 10% cap on a company's long term icentive program is relatively standard in opertating companies ( which this is not )  More importantly the issue is not its availability but how it is used. Just because something is available doesn't mean you are entitled to it. Two different things. Should have learned that in kindergarten.
His justification is much like saying that because the company has $5,000,000 in the bank , mangement and directors are entitled to be paid that much in salary. 
Seriously.Justin

[wedowee5]

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[Talchior]

In your opinion, what are for this kind of company a correct salaries and benefits before the giga case and now? Don't forget to include the tax?

[lumpy13]

Anybody that has followed this mgmt from the days of Cobalt 27 knows that they pay themselves high salaries with nice kickers.  Seriously, what are they spending their time on.  They don't operate Ramu and their only other assets are a few NSRs.

[schta]

Lumpy and others:  I think they use Nickel 28 as their personal bank.  They have salaries in the millions and don't do the work of a 10 hour per week employee; thus the mini-tender that was presented.  Seems like a "vulture"/ or possiblly an astute investor with more money than I who sees the same shenanigans going on.  Once Justin Cochrane figures out his other