GREY:HRIVF - Post by User
Post by
metalmaniakon Nov 29, 2008 1:21am
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Post# 15618020
People do the math on severence
People do the math on severenceIf they pay the severence, they will have no cash left at all. The 45 mil will be gone.
Expresso, do you know how markets work? Do you think Severstal will pay the 8 mil out of pocket. No, they will dilute you and I again to pay 8 mil bucks. At .20 cents, thats a 6.5% dilution, for guys who almost single handedly bankrupt the company.
These shmucks wrote in their presentations that the Nomos loan was a rollover, when it wasn't. Almost caused a default.
I suggest that every shareholder who cares write an email to the new CEO Zelenskiy, and protest this severence due to inpompetence.
I am sure Severstal will fight this and the more sharehlders that get on board the better case they have.
David Mosher's wife is a secretary and she should get 200 grand? Are you kidding?
Mosher over 2 mil dollars after trying to steal Prognoz and ruining the company.
I have heard from a source that Mosher owns a part of the other half of Gaztek, the owners of the other 50% of Prognoz, which makes this guy the most corrupt CEO in Canada.
Protest folks. Its your money.