RE:RE:If you were Ghezzi...Jordan91 wrote: He doesn't care about us investors, he is sitting comfy on his 5 million shares and his high salary at the expense of shareholders, even if the company goes bust he will still retire with more than enough money to live a wealthy lifestyle.
I just placed my sell order if we ever get back to my break even. I will hold a few shares just to see where this ends up, but I just want my money back at this point.
i hate to do this i am certainly not in the buissness of defending Ghezzhole!!! BUT:
just shows again that you dont know shi.t from shineola
his 200k salary is a pittance compared to other CEO's seeing that some hydro lineworkers make that with overtime or mid-management employees at most bigger Canadian corporations!!!
as for the options granted they do cost him money to excise them, yes he received some at low prices back when KNR was trading in the low teens but thats how things go!
some are stocksfor compensation of sevices those are issued at the market price at the time
any of them including Ghezzhole could have totally cashed in when we hit $6 he didnt !!! not even the trust he has cashed out at that level or at $5,4,3
most Ceo's would have and Shareholders generally would not hold it against the Officers of a company to cash in some as it is considered part of their compensation
none of the KNR Officers have sold a share to date on any of the runs.