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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Bullboard Posts
Comment by Nemesis01on Aug 26, 2011 2:04am
147 Views
Post# 18981234

RE: RE: RE: RE: RE: RE: incentive options a joke

RE: RE: RE: RE: RE: RE: incentive options a jokeI have to agree with Linus4. Just because it may be common practice does not make it right. I am sure at the time the options were granted they were priced at an attainable share price or their would be no incentive.Fast forward a couple of years and the share price has fallen so far that the options are essentially worthless. Now they want to reduce the share price goal line so that they can retain the people who allowed the company and share price to deteriorate so far that their options are worthless. Retain them? Isn't that what the new options granted are for? Why do they need to reprice the old ones?Where is the benefit for the shareholder who still owns shares at 25 cents? Are they going to reprice his shares? "Sorry sir/madame, we would like retain you as a shareholder. Since the shares you bought at 25 cents are now trading at 10 cents we are going to issue you another 1 share for each of your 25 cent shares so that your cost base is 12.5 cents." When that happens I will support repricing employee options. GLTA
Bullboard Posts