Auriga Gold (AIA)

[coinmaker]

auriga gold fires their ceo and gives themselves 1.8 million options

500,000 for the ring leader Mr. Glenn.


Looks like Gordon Glenn for his meritorious work over the last two months ( sorry but none of the accomplishments so far were under the good Mr. Glenn) has received the lions share of the low priced options for 5 years. The reason he got so many is that he was the one to break the news to Sutcliffe that he was being stabbed in the back by his board of directors and replaced.

Who gave out these options? The compensation committee of course and they are the "independent" directors. Yea right.

As of 11:59pm ET September 11th, 2012
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Price
Sep 11/12 Sep 11/12 White, James David Alexander Direct Ownership Options 50 - Grant of options 250,000 $0.250
Sep 11/12 Sep 11/12 Robertson, Brian Ernest Direct Ownership Options 50 - Grant of options 250,000 $0.250
Sep 11/12 Sep 11/12 Glenn, Gorden Direct Ownership Options 50 - Grant of options 500,000 $0.250
Aug 21/12 Aug 17/12 Irwin, Christopher Indirect Ownership Options 50 - Grant of options 250,000 $.25