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Bullboard - Stock Discussion Forum ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."

TSX:EGZ - Post Discussion

ENERGIZER RESOURCES INC > Compensation
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Post by StoogeNo4 on Nov 04, 2016 11:32am

Compensation

I'm sure it's in the published financial statements, but it would take a forensic accountant to figure it out.

Can anybody figure out how much McKinnon was paid after his removal?  Was it around $1 million?  How many shares in a financing did that come out to?  About 5 to 10 million shares at the time?

How about for Schler?  What did that other good-for-nothing who lined his pockets cost us in dilution?

Ah...now I see why they structured with the small financings.

No wonder they couldn't keep us below 650 millions shares.  Does anybody remember way back when in that PR when McKinnon stated he wanted to bring a mine into production with under 250M shares outstanding?  It's obvious now, right?  Did they have the R/S in mind all along?  I have to check my records; I think I have an email from them telling me "no R/S" quite some time ago.
Comment by monoblock on Nov 04, 2016 6:06pm
Hers a list of regulatory filings in the US https://www.sec.gov/cgi-bin/browse-edgar?company=energizer+resources&match=contains&action=getcompany Any compensation would be listed here as well as how many shares these individuals have and if those shares were being sold off. All the dirt is there. Sometimes companies will pump and promote a company while they dump there shares into the ...more