CGX Energy Inc V.OYL

CFO dumb move

[SheDrills]

The issue is that we are in the middle of a rights offering.  Insider selling should be restricted...she just opened the company up to a hell of a lot of screutany and her action is like a bag of bricks on the share price going into rights expiry.  No one is going to exercise their rights here and definitely not subscribe for more...so her actions also look like she's punting for Frontera.

I've already alerted both companies of this and how it looks.  I encourage everyone to do the same.

[waitingstill]

She is a moron. She got paid almost $1mil last year (or 2019 while making 300,000 to 500,000 the previous years) for doing essentially nothing. Now she is flipping pennies while sitting on 2 million options for which she did nothing to deserve. It is sickening. But nothing we can do. I tihnk it is meaningless that she sold. She is clueless as anyone might know if they had called the company in the

[Miftee9]

Do you all think she made this move in isolation?  That she didn't discuss this with legal and CEO to ensure she did not break any laws?  I would find that hard to believe.  Unless she is as dumb as many have pointed out, she put herself in a very precarious position.

[SheDrills]

She went on vacation...per her out of office reply.  Yes...clearly an obtuse, dumb move by her and anyone she might have consulted. You don't sell shares ahead of a market catalyst or during an offering. Employees on the rig weren't allowed to buy shares so she shouldn't be allowed to sell.

[Studley]

Note to CFO on vacation : don't bother to come back . Your desk things will be on the curb .