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Maritime Launch Services Inc V.JFC


Primary Symbol: JGFCF

Jaguar Financial Corp is a Canadian merchant bank generally investing in companies it determines to be undervalued, overlooked and underappreciated. The investments made are usually event-driven. The company's objective is to assist management of the undervalued company to create value that the market is missing.


EXPM:JGFCF - Post by User

Post by Sudsy0on Aug 04, 2021 4:56pm
154 Views
Post# 33649866

Concerns over Compensation

Concerns over CompensationFor those who would like to see where JFC has paid compensation it is listed within the "Management Information Circular" document that is filed here: https://www.sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=00027151&issuerType=03&projectNo=03248025&docId=5000854

I may not have the full picture here but this is what I found after 10 minutes of Googling and reading...

On PDF page 20 you will see that the only board member compensated has been Mr. Victor Alboini (Former CEO)

" Victor Alboini (Former Chief Executive Officer)Mr. Alboini resigned as Chief Executive Officer of the Corporation on July 7, 2020.On July 3, 2020 the Corporation entered into a Transitional Services Agreement with Mr. Alboini, under which Mr. Alboini agreed to provide the current Chief Executive Officer, Chief Financial Officer and accountant with such assistance as they may reasonably require for a period one year, in consideration for a cash payment of $59,305. "

On PDF page 24 auditor fees were paid in fiscal years 2019 and 2020

“External Auditor Fees:
The following table summarizes the fees billed to the Corporation for services provided by its external auditors, during the fiscal years ended December 31, 2020 and 2019:”

2020: $13k Auditor Fees + $5k Taxes
2019: $13k Auditor Fees + $10k Taxes


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