stock ownership by directorsDo any of you who view the prospects of this company so highly have any thoughts on the level of stock ownership by the directors of the company?
I was just reading the management information circular filed on SEDAR in conjunction with the upcoming annual and special meeting of shareholders on Feb 5.
Aside from McKenzie, each of the other four directors holds a minimal number of shares. Clarke holds no shares. Ryan holds 91,450 shares (worth C$21,033.50 as of today's closing price). Dostal holds 36,000 (worth C$8,280.00). Meister holds 22,000 shares (worth C$5,060.00). In contrast, Clarke received cash compensation as director in 2017 of C$30,000, Ryan received C$75,000, Dostal received C$30,000, and Meister received C$28,000.
Not much of an endorsement of the tremendous value of Ucore.
I propose that you all nominate Nuthouse to the board.