Shareholder meeting coming up...At the shareholder meeting let us all ask some important questions to the management team:
1) the stock price of Lithium Chile has dropped by 50% but the management compensation has almost doubled (https://www.sedarplus.ca/csa-party/viewInstance/view.html?id=0c11f8b7998bcd964a3e90e54cf6bf95b1cdcf9379094958&_timestamp=1894202836149649):
Name and position
Year
Salary, consulting fee, retainer or commission
($)
Bonus
($)
Committee
or meeting fees
($)
Value of perquisites
($)
Value of all other compensation
($)
Total compensation
($)
Steve Cochrane(1)
Chief Executive Officer and Director
2023
2022
310,000
240,000
355,000
180,000
Nil
Nil
Nil
Nil
Nil
Nil
665,000
420,000
Michelle DeCecco
Vice President and COO
2023
2022
157,500
112,250
120,000
10,000
Nil
Nil
Nil
Nil
Nil
Nil
277,500
122,250
Jana Lillies
Chief Financial Officer
2023
2022
76,500
72,000
50,000
30,000
Nil
Nil
Nil
Nil
Nil
Nil
126,500
102,000
Jose de Castro Alem(2)
Director and Manager of Lithium Operations
2023
2022
399,967
242,173
268,800
191,832
Nil
Nil
Nil
Nil
Nil
Nil
668,767
434,005
2) What did shareholder's benefit from these expenses?
3) Why are these people getting paid so much when they are officers or other companies as well and do not contribute 100% of their time on Lithium Chile (check out Monumental Minerals)
4) What qualifications and experience do the management of Lithium Chile have in LITHIUM - ZERO other than Jose de Castro Alem?
5) They are breaking the company into 2 so that they can get compensation from the Gold and Lithium companies.......... this is the bottom line ...... nothing else......