Longford Energy Inc V.LFD

RE: DETAILS

[coolrunning]

Here is the 2010 cash salary paid to these individuals.  I would assume it would be similar for 2011.  Remember these guys are paid through more than one company, and this is only LFD's share.  I would assume that you could double or triple the salary to come to their total compensation from all entities.  Not bad money for not doing anything.  Much more than your quoted $500k/yr total.  Their G&A costs were over $830k in Q2 2011, and of that about $720k was capitalized (still a cash cost).

Stan Bharti

2010 salary 240,000 bonus 261,905

Ahmed Said

2010 salary 120,000 bonus 287,500

Gary Lobb

2010 salary 54,613 bonus 20,000 

Darren Moulds
2010 133,500 bonus 10,000

Sig Slotboom

2010 salary 195,000 bonus 20,000

Fari Goodarzi

2010 salary 82,500 bonus 10,000

Also, do you know how to read financial statements?  $ 2 million was currency conversioin.  That is a good chuckle.