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Sunday, March 12, 2006 7:48:11 AM
In the OTC/BB I think a wise investor MUST look at how management is paid. Investing in a company where management is paid overly handsome yet the company fails to grow...or even worse...loses value and shares are then issued to pay bill....is, and should be, a major concern to an investor.
I believe you attempted to clear this up with your mention that ERHC was now a professional-run company. The sp appreciation is there to verify that fact IMHO, however, we all know we've been here before and sank to new lows. That said, I would think investors...shareholders of this publically run company...should be fully made aware of the compensation package of OUR administrators. This information is very much our business and concern since we own a piece of this company. Let each individual investor determine whether or not they believe the compensation is worthy of the deal negotiated by Mr. Brandhuber. I would strongly believe the SEC requires this information to be made public to shareholders. Without said information, how can a shareholder determine "risk" in their investment. They can't.
I have a feeling, based on your posts, that Mr. Brandhuber made some awesome deals that will soon be revealed. I, for one, will believe he should be compensated well for his work if the deal(s) are sweet....but I also strongly believe his pay is very much our business since this is a publically run company.
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