RE: RE: Annual meetingI dont currently have anything invested in OX anymore. I had some shares about a week or 2 ago. As a result I recieved a copy of the "Notice of Annual and Special Meeting of Sharholders" and "Management Proxy Circular".
1) I'm sure Raymond Chabot Grant Thorton chartered accountant will be extra impartial as long as the check clears. Do they take into account job performance? Counting reciepts and tax writeoffs doesn't make you capable of establishing impartially Orex managements competence. I think the shareholders should be able to decide managements compensation.
2) Why on earth is it necessary to INCREASE the maximum stock options per year for insiders from 9.9 million shares annually to 14 million annually. WTF? Why? These clowns don't deserve the 9.9 million they already have access to. Why another 4.1 million? Extra's for all the great work they've done lately? Common.
I read scuderia* and a couple other posters talking about the OSK deal eliminating dilution. How does the board of directors being entitled to another 14 million of our shares PER YEAR for doing absolutely sweet F$%&all for the next 4 years on Goldboro eliminate dilution. As far as I'm concerned they shouldnt be getting anything extra if they aren't doing any work. Find a new property and get things rolling and then we'll talk. Untill then... eat it like the rest of the shareholders do.
Actually Ox shareholders gave up 60% of their only property. Insiders too right? Were all in the same boat? Not if insiders are pocketing 56 million shares over the next 4 years. Kinda makes them break way better then the rest of us on that deal. Super. Love these guys. Lets re-elect them ASAP.