Abitibi Royalties Inc ATBYF

RE:RE:rzz

[cigarbutts]

Yeah,  the prior "success fee"  they were due to award was totally freaking OUTRAGEOUS !!

Only in Canada would company insiders try and pull that off on  public shareholders and figure they could actually get away with it!   I was not a stockholder at that time,but IF I was,  and it was U.S.listed,  there would have been a shareholder derivitive action for sure.  

Some of the fees that were due to be paid in $$$$ got converted to Stock Options and RSU's.
Then the did the "placement" of those shares to the Quebec Public Institutional Investor so that the folks could cash out and not "disturb" the market price of RZZ with all that insider selling at once.