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wall_street61

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wall_street61

Re: jackfburns post# 351528

Wednesday, 12/14/2011 11:20:35 PM

Wednesday, December 14, 2011 11:20:35 PM

Post# of 731375
The EC is pleased because all the EC members will be able to vote themselves to be on the Board of Directors of the newco WMRRC. They will cover any losses with a nice fat salary and options in the newco. Willingham will vote himself chairman and most likely ceo.

Duh people, that's why.

And one more thing, I am certain they have suspicions that Walrath will put the kabosh on the 70-30 split, and may re-distribute that allocation.

But that has nothing to do with their new-found BOD positions.

Willingham may draw a BOD/CEO and Litigation Trust Advisory Board salary. I'm sure he's pleased.

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