Post by
mathwhiz on Nov 05, 2014 12:40pm
Mgmt. Investment
Given the current stock price, the incredible retention bonuses they have awarded themselves and Penner's assertion that oil is going to $140/bbl, how is it that not a single person on the Arcan management team has spent even a penny on company stock? For me, that says a lot about them, they are biding their time and working hard at being leeches. It's not like anyone else wants them, so they might as well suck every penny out of Arcan that they can!!! Doug essentially replaced Ed's position, how did Marty score such a sweet FT, well paid gig, as CEO when his position was originally as a temporary fill-in? Once the cheques start, it's really hard to give them up, isn't it McCoy?
Comment by
mombasa1 on Nov 07, 2014 10:26am
How true mathwhiz. Shareholders have been and continue to be royally screwed! We are the ones who deserve the retention bonuses - for putting up with their BS over the years!
Comment by
mathwhiz on Nov 10, 2014 2:01pm
I say we put that motion forward at the next AGM!