Replies to post #1332 on Miller Energy Resources, Inc.(fka MILLQ)

[stockm0n]

I emailed my concerns to Bob, MILL's IR contact. I'm content with the response I got for now. He says a to look for an official PR to come out in a few days including info on a scheduled conference call. If you have specific questions and concerns that don't get addressed in the PR then I suggest attending the conference call and ask your questions directly.

Regards
stockm0n

[AThirdView]

Executive compensation over $7 MM. Plus personal use of company jet? Not right. This isn't Exxon. Thanks for pointing that out 7/10/11.

That's why the little investors are continuing to sell this even at these prices. He is not perceived as one of "us" anymore. And us little guys probably owned most of this stock.

But that's water under the bridge. If there's no revision to the value of the Cook asset, the stock is cheap. They need to bring more wells into production to regain investor confidence. Then this is a double by year's end.

[MinnieM]

I think the option awards are creating the difference in compensation. I doubt the plane is the issue.

If you look, all of the compensation has been restated for Boruff, Boyd, and Miller. For both 2010 and 2011.

Perhaps, this is one of the reasons they have had problems with KPMG?

10k filed 7.29.11
http://www.sec.gov/Archives/edgar/data/785968/000094344011000404/mill_10k.htm#_Toc299707182




10k amended filed 8.9.11
http://www.sec.gov/Archives/edgar/data/785968/000094344011000448/mill_10ka.htm






In Reply to 'SevenTenEleven'

MILL - Executive "compensation" for CEO up significantly from first 10-K. $2MM to $7.6MM? Personal use of the plane added to his compensation?