CEO $$$ Does anybody know how much Greg Bowes was paid as the CEO of Norther Graphite? or Benoit Gascon of Mason Graphite?
What about the Chairman of the Board of these companies? I am sure they are paid $100,000 plus $150,000 bonus!
What is the industry norm for a Jr mining company?
Maybe these other CEO's were loaned $150,000 by there respected boards to buy a plane, pre-sell flying time to the companies that you are the CEO of (Focus, Stria and Mincom) and then pay the loan back! = Gary, Jeff one airplane no charge!
Maybe Giant Tiger prepaid some air time?
Then we can talk about the sub that was created and Gary and Jeff recieved 40% for the heck of it.
I would like to see what happened to the $1.5 million that was given to Grafoid? I wonder who is on the payroll?
This is not made up like much of the stuff you read on the bullboards, but i am sure the FMS faithfull will have a comment or two.
Regardless if you feel Gary and Jeff have done a good job they have lost any type of moral compass. At the current burn rate of Focus will be out of cash in 24 months. I guess they could always try and raise more money, but i am sure all the investment banks will run when they look into the expenditures over the last 24 months.
Should be an interesting annual meeting!