Fission Uranium Corp T.FCU

RE:RE:Merger success info

[losecash]

Solver wrote: One of the best posts Sterlingwater55!!!  

KUDOS!!!  At this point on or about pp.10 or 11 back.

Beneficial to re-read it.

The line that jumped out at me  under reasons for failure.....QUOTE:

"Cost of Golden Parachutes: “Company executives can pocket up to 8% of the merger proceeds” according to Michael S. Kesner of Deloitte Consulting.

• Executive stock options vest immediately in the event of a merger. "

Does anyone know what the signing bonuses were for Dev. and Ross?  Could that be 8% per executive?  I don't know but am asking!.  Probably well concealed, but something to look out for in the prospectus...... if revealed.

What are the merger proceeds of FCU/DML? .......500 million, 900 million ? Somwhere in between?  A lot for sure even if we do not know the exact number!

8% of 500m= $40M.....8% of 900M= $72m. Add additional $$$ for added lbs. of U on PLS new drillings.

Regardless of where the calculations come out, it appears that executives stand to gain a great deal in a merger no matter what damage is done to shareholders stock values.  The values above are for illustration only, as I do not have inside info.  But you get the idea I'm sure.

So for them to say, we're stockholders too and we lost bigtime when the stock price went down......in fact we lost more than anyone!?  Really?  So you lost a million in stock value but gained how many 10s of millions in the merger?

Crocodile tears!!

If you were management, would you be pushing for the merger, or taking care of shareholders stock prices?   Greed vs honesty?  Track record?

Perhaps this is why the merger is being pushed so hard, calculated.......... subtly suggested...........with enough booty to go around and share with paid pumpers!

Solver's musings.

 

Bang on Solver.......This investment is not turning out as planned. I always thought 2$ a share. If this takeover occurs I dought we ever get over 1.25 again in todays value.