OTCPK:ARNBF - Post by User
Comment by
mathwhizon Sep 08, 2012 9:15am
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Post# 20336686
RE: Arcan Issues Options?
RE: Arcan Issues Options? Ahhhh, but Penner would claim that he DESERVES to be rewarded for all of his hard work! See, when it is time to throw someone under the bus, Doug will never take own up to any bad decision making, even though he's run(ruined) Arcan's finances for years, but when it comes to reward!! Well, if you are handing out money, Doug's first in line, the only one fighting harder is his bro, Mr. Ryder.
Here's the proposed breakdown of those options, although there is a good chance the employees got nothing. Guess the insider reports will tell us in the next week or so right?
| 6 VP's | 100,000 | 600000 |
| President | 150,000 | 150,000 |
| CEO | 100,000 | 100,000 |
| 3 Managers | 30,000 | 90000 |
| 3 Directors | 40,000 | 120000 |
| 17'ish employees | 2,765 | 47000 |
| | | 1107000 |