First Tidal Acquisition Corp T.AAA

RE: stude Is Farhad Overpaid?????

[str8tgoods]

stude, I'm not sure why you posted what you did about Bob Moriarty's Gold Report, but it sounds like Farhad falls in the following category with respect to salary according to Bob Moriarty:


An ideal environment would be a company that pays its president or CEO say, $100,000 a year with a boatload of options—not a quarter million dollars a year plus unlimited expense accounts plus a boatload of options, where they make out no matter how much money they destroy for others.


Here's the breakdown of salaries:

Subsequently, on February 1, 2010 the Company approved the following proposed amendments to the existing consulting contracts between the Corporation and the persons set out below:

(a) Farhad Abasov – increase in monthly fee to $24,000

(b) Peter McLean – increase in monthly fee to $15,000

(c) Nejib Abba Biya – increase in monthly fee to $15,000.

(d) Deborah Battiston – increase in monthly fee to $5,000

Well, Allana does seem to be "TOP HEAVY" don't you think?  The only positive I see is that Farhad has had prior successes in the industry, but that doesn't support this kind of salary for a non-producer, does it?

Will see how good the next news is, and how much information they 'decide' to give out.  Hopefully this isn't another "Hole #1" scenerio.  GLTA