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Re: BullionNation post# 14309

Tuesday, 07/31/2012 3:56:48 PM

Tuesday, July 31, 2012 3:56:48 PM

Post# of 17231
If I had a bigger stake here I'd fly to Toronto and be at the SHM and voice an opinion that is mostly shared on this board. No ,to any RX merger.I'd like to directly ask the principals some questions concerning options. I think we are going to end up paying (in a manner) for their next options. Why would USSIF shareholders need to lose 1/3rd of our shares ? Did our BOD ever resolve it's too much to ask, considering we just went through a poorly timed consolidation that coupled with the POS ,devastated our share price ?

Right before/after the consolidation wasn't it amazing how options were granted at rock bottom prices almost like the drop in share price was anticipated? Management and Directors will still do well with those options.They gave themselves bonus's before any appreciation in the share price due the consolidation or AMEX were considered successful.
I know options are to stimulate management to do better but it is really how they're priced that makes them work or not work.
In our case it was like rewarding a really bad job.Will it happen again? Why wouldn't it? I would ask ,if at the SHM in Toronto. If our new proposed Directors and Management have all good intentions ,maybe they should start explaining what they are ,in detail, like what kind of options shareholders can expect to be handing over in the first year.

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