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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by Fischlaenderon Feb 07, 2009 6:17am
421 Views
Post# 15760537

Shame on You Management!!!

Shame on You Management!!!Fu...ing Cro..ks and a..hol..s!!!!!!!!!!!!!

These self-enriching bastards have done it again.
Have a look at the Sedar document regarding this topic for the AGM

6. APPROVAL OF AMENDMENT TO CERTAIN OPTIONS
As at the date hereof, Ecometals has 29,560,000 stock options outstanding under its stock option plan, which have
been granted to directors, officers, employees and consultants of Ecometals. Management of Ecometals is
proposing to reprice up to 26,925,000 of the stock options currently granted under Ecometals’ stock option plan to
an exercise price equivalent to the greater of the market price for the Ecometals Common Shares on the TSXV on a date to be determined by the Board after giving effect to the Consolidation, and $0.10
, (the “Post-Consolidation
Market Price” or “PCMP”), or if the Consolidation is not given effect, to $0.10.


I have not seen an announcement that said: "Now is the date we determine to reprize!"

Because yesterday the prize was still 0.125 which would have been the greater than 0.10!

If I look at this outdated homepage, no news of any developments and the only issues these bastards are interested in is enriching themselves, unfuckingbelieveable!!!
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