Spyglass Resources Corp SGLRF

RE:RE:RE:RE:Tom Buchanan

[sanityseeker]

The discrepancy is that the dispositions shown on CI are not insider buys or sells but rather RSU's, being cash bonuses to employees that are computed based on share price. 

After the merger when most shareholder value had already been destroyed, this lousy management opted out of stock options which reward strong performance but don't pay management when share prices go down and shareholders loss more money. Instead management was granted RSU's, so they could receive cash bonuses as they continued to lose our money, and were happy to surrender the potential leverage to the upside that options give. These guys had no intention of aligning there interests with their investors. 

In my view, mgmt looks sleazier than my Movember handlebar mustache.