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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles,... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > NGC MORNING BRIDF LATE EDITION
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Post by youknowwhat on Jun 13, 2024 8:13pm

NGC MORNING BRIDF LATE EDITION

The three little pi….not nice but please notice Hugues Jaquemin, Guillaume Jacq and Marco Zvanik the cash bonuses paid. Wow my wife was wondering if they were paid because they became experts at booking airline tickets, hotel, dinner reservations and of course quality bottles of wine. They certainly were not paid for executing for the shareholders of Northern. To think the BOARD OF DIRECTORS approved this. 

SHAREHOLDERS GO TO HELLLL WE DESERVE THIS COMPENSATION.

Executive Salaries for fiscal year 2023

Hugues total $670,289 consisting of salary $350,000 cash bonus $153,125 options $167,114. 

Guillaume’s total $388,693 consisting of salary $255,000 cash bonus $44,625 options $89,068

D Marsh total $250,000 consisting of salary

Marco Zvanik $282,275 consisting of salary $211,025 cash bonus $71,250

Kristy total $456,266 consisting of salary of $275,000, consisting of share based compensation in amount $112,500 and options in the amount of $68,766

Cash bonus above for Hugues, Guillaume and Marco were awarded as follows a direct quote page 18 of SEDAR filing on June 12 Management Information Circular

“Cash bonuses awarded for achieving certain corporate and or individual performance levels with reference to pre-set objectives”

Directors Compensation

Greg total $72,000 fees only no options

Cam total $104,668 fees $42,000 options 62,688

Don total $104,668 fees $42,000 options 62,688

Frank B total $209,114 fees 42,000 options 167,114
Comment by MaterialsMan on Jun 13, 2024 10:38pm
IMO, if this is accurate, the three of them should be behind bars, and the shareholders that approved it should be committed. Talk about total insanity.
Comment by youknowwhat on Jun 13, 2024 10:56pm
Management Information filing early this week page 18 (as I remember) and page 22 for directors.  YOU CAN NOT MAKE ANYTHING UP THAT STUPID.
Comment by Gorilladome47 on Jun 13, 2024 11:08pm
This post has been removed in accordance with Community Policy
Comment by Frenchie18473 on Jun 14, 2024 1:10am
Disgusting.  how do any of these people sleep at night.  Killing the company and taking mass amounts of money for FAILING at EVERYTHING.  Dispicable. 
Comment by 1student on Jun 14, 2024 2:58am
Frenchie18473,  You stated "Disgusting. how do any of these people sleep at night.  Killing the company and taking mass amounts of money for FAILING at EVERYTHING. Dispicable.  I'd suggest they probably sleep with both feet always touching the floor and both eyes wide open. Sus scrofa ET AL are more than just disgusting
Comment by 1student on Jun 14, 2024 2:20am
youknowwhat, It's precisely as I had pointed out for Harley103 the other day, i.e. one could certainly suggest Hugues Jacquemin and the other NGC management 'Missionaries On Assignemt" can in fact be likened to far too well fed "Sus scrofa.
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