Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation
Trillion Energy
   CSE: TCF – OTC: TRLEF

Developing Natural Gas In The Black Sea
Exploring Crude Oil in Turkiye
Invest Now


Bullboard - Investor Discussion Forum Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms... see more

CSE:TCF - Post Discussion

Trillion Energy International Inc. > Management Salaries..as of their Sept 2022 Statements
View:
Post by TheLandedEagles on Apr 07, 2023 10:45am

Management Salaries..as of their Sept 2022 Statements

For all to view, and should be of interest to all on this information....found this as the facts off of their public filing of their last quartly statements ending Sept 2022..by the way, these figures are all in U.S.DOLLARS.....

During the NINE MONTHS ended September 30, 2022, management fees, bonuses and salaries of $537,227 (2021 - $176,930), director fees of $54,000 (2021 - $42,000), and stock-based compensation of $1,163,647 (2021 - $Nil) were incurred to related parties.

A breakdown of the fees incurred by related party during the nine months ended September 30, 2022 as follows:

Salary Bonuses & Management fees Name Relationship Amount

Arthur Halleran Chief Executive Officer (“CEO”) and director $ 266,475
Ozge Karalli Chief Financial Officer (“CFO”) $ 34,341
Kubilay Yildirim Chief Operating Officer (“COO”) and Director $ 153,411
David M. Thompson Director and former CFO $ 83,000

Interesting right...while he was preaching how he wasnt taking much salary...if you annualize this , his salary is $355,300 U.S dollars....converted to CDN at todays approx rate of 1.35....HE MAKES A STAGGERING SALARY OF $479,655 CDN....Wow...not bad....Im sure they are not be paid more...if you compare their 9 months total from 2021 ...they gave themselves quite an increase over 300%..

So lets all keep in mind, our CEO, and its management is being very well paid for there services and us shareholders should hold him accountable for bringing shareholder value to us as well with the share price of the stock....Success has been achieved on all fronts, but if our share price doesnt reflect this success and our share price continues to be suppressed....something is wrong..this must change soon...hopefully it will...JMO,  thought you may find this of interest, ...
Comment by Tyeehunter on Apr 07, 2023 11:04am
Wow. Very interesting. Thanks for sharing. Yes, drill results are one thing but share price results are another matter. If he needs better promoters then get them.  Look at what happened to the stock with the HC ticker this week.  They hired what looks like 6 promoters and the stock was up 500% in 2 days once they started pumping real facts about their progress and successes to a vastly ...more  
Comment by Maxmoe on Apr 07, 2023 12:24pm
Same guy? Too obvious fellas. You too will lose all your money. If 6 promoters are responsible for a 500% move in a stock, that's a big warning of a pump and dump. Watch the movie wolf of Wall Street. Who made money and who lost it all? Not the investors.  Caution, there may be offensive language. 
Comment by Investnowplease on Apr 07, 2023 12:41pm
Well thats TV but somewhat true
Comment by Investnowplease on Apr 07, 2023 12:40pm
Thats a good CEO's job. 
Comment by TheLandedEagles on Apr 07, 2023 11:06am
Addional info:  taken from Sept 2022 files quarterly statements.... Pursuant to the CEO’s employment agreement certain bonuses, RSU’s and other compensation accrued upon certain events occurring. During the quarter, 100,000 RSUs were accrued as an annual grant; 750,000 RSU’s accrued based on the successful financing of the SASB Development Program; 250,000 RSU’s accrued upon the successful ...more  
Comment by Investnowplease on Apr 07, 2023 12:28pm
RSU's are not options usually. They are shares. The usually vest 1/3 1/3 1/3 per year.  yes if its the salary alone that is extremely high. What is the actual salary. This is a small company.  very interesting. 
Comment by Maxmoe on Apr 07, 2023 12:28pm
Additional response. Not news to real shareholders. Poor attempt of soft bashing. No interest in debating merit of comp packages. Worth repeating your comp package is a fraction of every executive at every publicly traded company. Go see for yourself ....  and there is a reason for that. Go figure it out ....
Comment by Maxmoe on Apr 07, 2023 12:12pm
Get real. Ever heard of due diligence? We all reviewed all this, AND MORE, before, and after, we bought the stock. It's not news to real shareholders. You will lose all your money buying first, then finding things you don't approve of. Whether it's warranted or not. Sprinkle your soft bashing propaganda elsewhere. We ain't buyin ! All CEOs, and other senior mgmt , and BOD, make ...more  
Comment by Investnowplease on Apr 07, 2023 12:29pm
Btw COO salary is not that high tbh. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.


Connect with C.TCF


Investor Presentation

View the Presentation

Trillion Energy Highlights: The Watchlist

Trillion Energy | The Power Play
{{currentVideo.videoCaption}}
< Previous Video {{moreVideoText}} Next Video >

The Top Line: Trillion's Progess and Future

Investment Opportunity

DEVELOPING CLEAN
NATURAL GAS



FUTURE EXPLORATION PROGRAM:
SASB
SIDETRACK WELLS



   
  2024 EXIT PRODUCTION   7
   MMCF/D
   

 

 


CSE: TCF – OTC: TRLEF


Facebook

Contact Us

ir@trillionenergy.com
Suite 700
838 West Hastings Street
Vancouver, BC V6C 0A6