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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Post by gimlimikeon Jan 31, 2015 5:34am
300 Views
Post# 23384493

Why has this IR not spoken to the company

Why has this IR not spoken to the companyWith the following compensation package why are they not speaking to each other, obvious to me that xop could care less about shareholders , has nothing substantive occured to report and if not why not ? Would have been better to assign the IR duties to an existing employee for the good it's done

Effective immediately, the services agreement for investor and media relations is for a term ending on August 20th, 2015; thereafter, three months termination notice shall apply. Under the terms of the services agreement, which is subject to TSX Venture Exchange approval, CHF will receive monthly fees of $7,500 and reimbursement of disbursements. CHF will be granted 500,000 XOP stock options at an exercise price of $0.26 and another 500,000 XOP stock options at an exercise price of $0.35, all valid for a term length the same as those options granted to directors of the Company. As is required for TSX Venture, upon termination of the services agreement, any vested options will be cancelled after 30 days.

Prior to the grant of options outlined above, CHF had no direct or indirect interest in the Company or its securities. 


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