RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I always had a sketchy feeling about APHIs that before our lawsuit is settled or afterwards?
Bruce should be in a fecking prison cell. Any CEO that purposly poisons sick people with pesticides should be shot and pizzzsed on. Tweeed..In the 70's pot smokers call garbage weed "dirt weed" now people just call creppy weed "tweedweed" That is a FACT ! Tweed is so hated by the medical community, it is comical. I knoiw I know...Build it and they will come....RIGHT?
Oh Tweedle...remember Tweed won't be able to charge the adult community 12 a gram, like they do sick people. This summer is when the real games begin... Besides, that, Tweed uses ROTTING weed as Biological assets in the accounting office
Tweedlede wrote: Don't even begin to assume Bruce has the same performance objectives as Vic. Thats such a naive comment. Canopy has made it clear profit is not something we will chase for the sake of profit. It will come organically due to our growth and dominance. And making a few bucks in profit is not going to help your bottom line when you pay an exorbant amount on acquisitions, that only benefit insiders and not shareholders.
MomentumMan wrote: Do you think a negative profit as in burning money quantifies better performance than earnings and more importantly earnings growth? You are a strange cat if that is the case.
brentkosta wrote: Hmmm. I guess you are ignoring the elephant in the room. Vic's performance compard to Bruce is repulsive. And so pay for performance holds little logic.
Good luck with your investment. You seem like a sharp guy I bet you'll make a lot of money.
Great momo play here.
MomentumMan wrote: I understand pay for perfromance. Apparantly others don't. When I read someone else saying a 2 million dollar salary I had to waste my time to clear that cracker jack thought.
Soon I will be shorting WEED again. WeedTheNorth convinced me it is about time I give them another wack.
Read my posts. I bought more Aphria this morning but thanks for coming out Kosta.
brentkosta wrote: wait, is momentumman now shorting APH?!?
Looks like a covert smear campaighn to me. Theres no way he doesnt see the irony in his post.
MomentumMan wrote: If you are confused about who gets paid what then check SEDAR. Look for the Management Information Circular to see who gets paid what along with other information of how many shares they own or whatever other inside deets you are looking for.
MANAGEMENT INFORMATION CIRCULAR
Aphria CEO/ Vic's Annual Salary $360k
Canopy CEO/ Bruce's from WEED's Annudal Salary $222.5 k
Bruce has NOT been hitting his perfromance targets for year! His salary is actually lower than 2015 when his salary was $250k a year. When you don't hit your performance numbers you don't get a raise and when you really suck your salary gets lowered. Ask Brucey!
Effective June 1, 2017, the following adjustments to executive compensation were made: Vic Neufeld Base salary increased Target bonus 50% of base bonus, upon meet to $360,000 increased to 50% or exceed of EBITDA financial CEO and Director metric Carl Merton Base salary increased No change 50% of base bonus, upon meet to $230,000 or exceed of EBITDA financial CFO metric Cole Cacciavillani Base salary increased No change 50% of base bonus upon meeting to $210,000 or exceeding a yield metric Co-Founder & VP — Growing combined without increasing the Operations and Director budgeted ‘‘all-in’’ cost per gram John Cervini Base salary increased No change 50% of base bonus upon meeting to $210,000 or exceeding a yield metric Co-Founder & VP — combined without increasing the Infrastructure & Technology budgeted ‘‘all-in’’ cost per gram and Director Megan. McCrae Base salary increased No change No change to $143,000 Director of Marketing
LeafRider wrote: Personally I'm a patient of Aphria / Tetra Bio Pharma, which is why I follow both and invest in both. I'm not Canopy sheep either, but I won't pad BS either. Lately all the bad floating around Aphria isn't good for business. If this slides to $10.** anything I'm buying more. Aphria is taking a hit here for bad business practices. All these "management" leaders do the same thing, they strategically get wealthy on making investment decisions that sometimes end up circling the wagon. Do I think this deal stinks, yes. Do I feel it will have long term consequences for Aphria, absolutely not... If the APH discount continues, I will buy more without a doubt. Aphria's ties into many smaller junior bio-pharma companies has me interested in Aphria's medical potential.
Often rec gets all the push, but in the end game medical will need to produce a pile of product to cover the drug development end of things. DIN#'s are international, and while we see US as wall to a very large market, the medical side has a back door to the drug development / pharma market, that doesn't face the same constraints that rec does.
I'm pulling for Aphria don't get me wrong, but in the short term I'm going to pause on buying until I see some interest develop. Canopy does look more appealing than Aphria does, regardless of market cap, but just based on optics and clean management decisions. Doesn't old Vic collect a massive pay cheque as well? I thought I read that once, that most of these LPs CEOs aren't paid nearly what Vic is getting. All signs of gouging the shareholder base for personal riches. They're all doing it, just who's doing it less, right?
Tweedlede wrote: Oh my God man. It's my personal opinion, nothing more. I've invested in APH before. They know how to run a business. They will have a place as a leader in Canada. My investment in Canopy has nothing to do with my comment. I just read the article Brent posted and it paints a pretty bad picture. Would love to hear Vics comments beyond "it's a non issue". Managing perception is part of the job.
megcoglog wrote: Oh look! Another Canopy sheep has wondered over into our pasture. Getting tired of the sh!tty grass in their own pasture. And so many cliff edges in the Canopy pasture too. Much safer for you sheep if you stop following after the MASSIVE debt load piling up over there at Canopy before the edge of the cliff is right in front of you. The grass is much sweeter here with quarter after quarter of PROFIT, anyway. --
Tweedlede wrote:
First overcharging the government for veterans insured MJ. Next they use shareholders money to TRADE shares on the open market, and proceed to lose money rapidly. Then they proceed to invest in US assets, jeopardizing their listing on the tsx. Now they overpay for a "international" play, with SHAREHOLDER money, so they can get paid... Come on people. Management is showing a clear pattern of disregard for ethical use of your capital. So much for "were a builder, not a buyer".