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MU_Redskin1

08/20/06 12:40 PM

#116 RE: thisdoesnotwork #106

I think Kent's new compensation package was predicated upon certain milestones being reached.

http://www.integratir.com/cfiling.asp?ticker=hdy&theurl=files.php?source=1042&title=SEC+Fili...

... raise to $250,000.00

... 40,000 stock options per fiscal quarter during the term of the employment agreement beginning on August 14, 2006 for a total of 480,000 options.

... plus a BONUS EQUAL TO 1% of our NET INCOME before interest, taxes and the bonus. If there is no net income, the bonus is zero.

...plus a corporate automobile lease and a membership in a country club. Mr. Watts can take a 4 week paid vacation each year.

I would say that the knowledge of a positive PSA agreement, potentially tens of billions of barrels of oil, and a tens of trillions of cubic feet of natural gas might make one giddy based on the compensation package!

Now what is the REAL INCENTIVE HERE?

Knowledge of future income!

Now think about those tealeaves .... or pieces of the puzzle...