TSX:CUS.DB.D - Post by User
Comment by
Khersonon Jan 18, 2017 9:42pm
392 Views
Post# 25726030
RE:RE:August 11th BOD Meeting...
RE:RE:August 11th BOD Meeting...1parellel wrote: Kherson wrote: Keep in mind that the BOD will need to pin the merger fiasco on someone other than themselves for their brain dead excessive Long Term Incentive Compensation to the management team. Come Friday morning I am expecting at least one soul gone from the team!
Right now, Canexus is in survival mode as those financial covenants kick in at the end of this quarter. They have no choice but to sell N. Van by the end of this month because no one will lend them anymore money.
Also keep in mind that the BV will still be Zero.
Superior must be smiling at the demise of Canexus as they will soon be seeking CCAA protection.
Kherson
nice call from the Kherson clown, since his prediction of bankruptcy , canexus is up 65%. That's called "pulling a Kherson".
The nice thing about the "New Deal" is that since the clowns on the BOD running this fiasco jacked up the number of those PSU's and RSU's last spring to the management team, which actually resulted in the demise of the Superior merger, the overall "change of control payment" for Doug Wonnacott has gone from $2.084 million to $3.252 million, an increase of also 65%! Keep in mind that the Superior offer to shareholders was $1.70 per share! So, at the end of the day, who has really benefited from the new offer from Chemtrade?
Kherson