Liberty Star Uranium and Metals Corp (LBSR): "Briscoe is reported to have taken home...

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Liberty Star Uranium and Metals Corp (LBSR)

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Thursday, 08/09/2012 4:18:20 PM

Thursday, August 09, 2012 4:18:20 PM

"Briscoe is reported to have taken home $1,513,550 in compensation from LBSR in 2011 (S-1, page 32). That’s just slightly less than the amount LBSR reported as Net Loss for the nine months ended October 31, 2011."

WHY WOULD A CEO take so much from his company when it's a 3 cent stock with nothing proven. I mean this is been going on for 9 years. What has James Briscoe done to deserve taking home 1.5 Million in compensation for 1 year? If he was just an employee he would have been fired a long time ago. But he's the BIG BOSS, so he just gives himself million dollar rewards. Must be nice to screw up so big and while stock holders lose their shirt, Briscoe gets a big fat pay check. He sure fits right in with those Wall Street Bankers.

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