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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > Info circ fun posted on IV earlier
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Post by mathwhiz on Jul 25, 2014 1:36pm

Info circ fun posted on IV earlier

Posted by numbersman61 on IV earlier: "Just started reading info circular (over 400pages) and very disturbed with payments to directors, officers and employees. In Feb and March of this year they paid over 600 hundred thousand in RSU and bonus payments (page 33). If the deal closes, another 650 hundred thousand paid as retention retainer (page 42). If deal fails, they receive 6.2 million RSU's plus it appears 250 thousand in retention bonus (34). These guys have no shame. "
Comment by iroctsxv on Jul 25, 2014 1:50pm
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