Fortress Global Enterprises Inc - Class A FTPLF

Chad's 13.5 million Breakdown...

[Nighthawk40]

This special one time performance bonus is broken down as follows:

1. $3.5 million in cash payment for the achievement of performance goals linked to the successful acquisition and integration of the Fortress Specialty Cellulose Mill.

Chad purchased the Thurso Mill for less than 2 million, I'm of the opinion that he merits this compensation.
The insurance replacement value of this mill was valued well over $800 million.

2. $5 million granted in performance-based RSUs (Restricted Share Units)
This is for a 5 year period, ending December 31, 2014. This compensation is based on a formula that considers the fraction by which the cumulative amount of the consolidated EBITDA of FTP approaches $225 million during this period. This is intended to reward Chad for growing the business for shareholders and will be heavily dependent on the success of the Fortress Specialty Cellulose Mill

3. $5 Million was granted in DSU's when Chad leaves FTP. It is intended to tie Chad to the long term performance of the Fortress Specialty Mill and the Corporation through the link to share price.

Chad identified the opportunity in DP a few years ago. He alone was instrumental in selling this business venture to the board.

Since his compensation is linked to FTP's share price, as investors, our risk exposure is somewhat mitigated.

Unfortunately, for short sellers, their risk that FTP's shares will suddenly rise in the future is unknown.

There are still 131k short shares being held. Russian Roulette anyone?