Post by
SOURCEMAN1 on Oct 27, 2022 3:34pm
Last sentence
An omnibus stock plan comprises a number of different programs that encompass a range of employee, executive, board member and consultant incentives. These cover common and preferred stock, options and bonuses generally tied to performance. The key driver of these plans is to align the financial interests of all who work for the company with those of shareholders.
Comment by
Rinny1 on Oct 27, 2022 3:55pm
Sounds like the 40 million shares going to a financial institution There to finance the mine ???
Comment by
Bullatnl on Oct 27, 2022 4:29pm
I would hope your right but not likely like most here I'm very disappointed with the director incentive plan Since when do we need incentives to do our jobs that we are paid to do. mans do we need any more directors. maybe it's time for our great management team to actually produce!!! F***£
Comment by
Shaynef on Oct 27, 2022 5:18pm
From the description of what a omnibus plan is they will need feedback from the shareholders to make these decisions. Maybe it's time to form a shareholders board so we can actively make suggestions directly to management.
Comment by
SOURCEMAN1 on Oct 27, 2022 7:30pm
I'm in for being on the board .There are 200 investors on FB I bet we can find some people who can help advise CRE of how the shareholder feel about how they distribute that $80,000,000 Anyone else want to be on the board .
Comment by
tinker901 on Oct 30, 2022 9:07am
It seems like the object of Omnibus Plan is to build a solid base (20% at least) of shareholders that are motivated to carry the many CRE projects to completion. So are we saying that we are against this ??
Comment by
tinker901 on Oct 30, 2022 3:55pm
It is my understanding that most of this money would go towards the build.
Comment by
Rinny1 on Oct 30, 2022 7:35pm
Eric never did reply back, corporate so tight lipped!!!
Comment by
tinker901 on Oct 31, 2022 8:59am
Thank you for trying Rinny. I think that the "watchword" in management these days is to avoid any comment that could lead to speculation.