Post by
luigi17 on Sep 27, 2000 7:44pm
Repap circular
Great to see that Repap founder George Petty is going to get a piece of the action. His 640,000 preferred shares plus 3.7% of common shares will net him close to 21million. However somewhat sickening that the bottom feeder executive will gain way above what they deserve in the takeover. What did they do for Repap except bleed it. Those millions of share options at .13cents should have been given to the mill workers who are the real reason for Repaps turnaround and not the top executive or mill management or the board of directors.