Arcan Resources Ltd ARNBF

Retention Bonuses

[pennydredful]

Stock   down   more   than   99%   in  the past   4  years  ,   thousands   of  people   losing  their jobs   in  the  industry    and   Arcan  is   paying   retention  bonuses ?  Looks   like   BOD   are  yes  men   to   the  management   .

[rad10]

Wages, salaries and bonus $ 5,580,000 in 2014 vs  $ 3,851,000  in  2013. Reward for what exactly?  Throwing debenture holders under a bus?

[mike49]

good example of how management usually comes out ahead. stock option plan was voted down last year so arn awards 'rsu's instead. some stuff that i read between the lines of the mumbo jumbo of paper- the hedge fund may or may not be aligned with the previous deb holders but they certainly aren't aligned with management at arn the swaps are probably spread out among the big 4 banks so