another multi year low .105Thanx HUGUES for doing what you have been doing for the last two years which is absolutely NOTHING of value for shareholders. You have decimated our market cap due to your lack of CEO experience in managing capital markets. You have failed in leading this company through the allocation of government funding and strategic partnerships....all you have produced so far are garbage non binding, LOI garbage..all of it, not including the oh so wonderful deals you have been forced to walk away from, ie Neograph... It looks like total and utter operational incompetence. Shameful that you earned total compensation last year of north of 650k...absolutely disgusting.
NGC continues to hit new multi year lows and you just keep gett'in paid and living the good life...shame on our BOD for allowing this to continue for as long as it has. I guess all these guys are just looking out for themselves...paying sky high salaries and bonuses in the absence of any performance, all the while we shareholders suffer, taking on water of this sinking ship.
Mr Birge is apparently the head of the pay committee? What do you say Mr Birge? How do you justify this disparity between pay and performance? How do you justify giving out a cash bonus to someone that has destroyed our market cap and share price? Since becoming NGC CEO over two years ago, HUGUES has delivered zero value to shareholders other than a long and steady decline of continual wealth destruction....and YOU have paid him A LOT OF MONEY TO DO THAT.
Where's the integrity of that process? Where is the integrity of our BOD? Where is your integrity?
The entire BOD and executive group needs to be fired and replaced with competent and professional individuals that understand how to run a business based on cheques and balances. Performance matters if you are asking for big dollars...
Enough is enough.