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Re: Mikhail507 post# 168075

Thursday, 08/21/2014 12:59:04 PM

Thursday, August 21, 2014 12:59:04 PM

Post# of 263713
Mr. Calkin agreed, up front, to a total of 4 million common shares for a full year employment contract as CEO of GRCU (to be vested quarterly throughout the 12 month period). I don't think he would have agreed to that, unless he was relatively confident in the potential upside for the share price (as there would be no protection should the share price drop deep into the subpennies, and never recover).

His employment agreement ensures his interest in shareholder value, because his entire negotiated CEO compensation is driven by share price.

As always, simply my opinion.

I've said it once & i'll say it again. Calkin has ZERO interest in shareholder value!



GRCU