Eurocontrol Technics Ord EUCTF

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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two-dimensional (2D) and three-dimensional (3D) image processing technology respectively."

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Eurocontrol Technics Ord > Great Quarter

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Comment by Ringerton May 31, 2018 8:08am

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Post# 28103979

RE:RE:Great Quarter

Self-enrichment much...

kidl2 wrote:
The “best” part …

Bruce’s termination and the formation of the special committee was announced March 15 and yet …

Bruce not only got his $200K termination pay but was also paid his full salary of $50K to the end of the Q. OK, 2 weeks is no big deal BUT

They also paid out $75K on top of regular Director’s fees during the Q:

$30K to Paul

$25K to Dennis

$20K to Ken

which begs the question: Do these extra $75K represent compensation for part of the Q or did they pay themselves for full three months even though the change didn’t come into effect until March 15?

And it’s not just the extra fees because now you have in all likelihood 3 people charging back expenses to EUO.

Will these three be in a hurry to sort out EUO’s problems?

I have my doubts given the fat paycheques they receive as long as the process is ongoing.

And what if they cut a deal or deals? Will there be fat bonuses for everyone?

Did the EUO “fox family” just get bigger?