TSXV:AAA.P - Post by User
Comment by
sdomaeon Dec 16, 2013 10:27am
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Post# 22009417
RE:Over compensated!!!
RE:Over compensated!!! Over compensated!!! Anyone know if Abasov is still acting as a consultant to Rodinia? I know he was getting $10,000 per month from them in 2012. I'm sure he hasn't taken a pay cut. I wonder what he does for Rodinia besides connect them with money from Allana's shareholders. Upon termination of his position at Rodinia he will be entitled to $470,000. Seems a little steep, eh?
He's also busy collecting cheques from Celeste Mining and Augyva Mining unless something has changed recently.
He collects a salary from Allana of $336,000 plus bonuses and options. Let's look at the ethics of this. Ethiopian workers toiling away in the Danakhil for foreign explorers get around $20 per day. Abasov collects around $920 per day ( that is if he works 365 days a year-LOL). If he works a 40 hour week for 52 weeks without a holiday he is collecting about $162 per hour or $1300 per day or $6500 per week. He is making 6,500% more than our Ethiopian employees!!!! Is that right? Is that ethical?
He is just one executive on Allana's team. And as I pointed out above he is handsomely compensated by other companies as well.
If this executive fails to deliver on their promises by the end of Q2 2014 you can be assured that some investors will be taking legal action. Some have inboxed me already regarding such a thing. But I think it would be an exercise in futility.