Post by
VeritasVern on Jun 21, 2022 4:48pm
Info circular has been sent and several points stand out
Two things come to mind when reviewing it.
1) The directors list such as Dana Montenegro and Anthony Hugen both own ZERO shares of NU
2) A hybrid compensation plan which consists of
- up to 10% of the outstanding shares in this case about 16.6 million shares
- no more the 5% to one person
- terminated or expired options shall again be available for the purposes of the option plan and not exceed 10 years
- all outstanding stock options of the company shall be continued under the compensation plan
-directors be authorized to implement or abandon resolutions in whole or in part without approval by shareholders.
Voting by the Voting Instruction Form closes on July 5 10 am Vancouver time.
Any thoughts on the circular and the info above?
Comment by
VeritasVern on Jun 21, 2022 5:40pm
Sure thing Eddy. Can you tell me why Dana and Anthony are on the board? Combined they own zero shares. Clearly that is not a good indicator if members of the board own no shares? You understand that when management and the board members buy shares that means they have reason to believe the the stock will do well...