$19,000,000 in perf shares

15,000,000 shares just allocated to directors and based upon the recent Investor Presentation there is another :

32,500,000 performance shares to come if targets hit.

32,500,000 x .40 = $13,000,000

$13,000,000 dollars worth of shares if performance targets hit on top of the $6,000,000 recently given totalling :

$19,000,000 - Nineteen million dollars.

RIA is a junior oil/gas stock market cap = $150m

Performance shares are/may be given to the directors that equals well in excess of the 10% of the companies market capitalisation.

Also 34,400,000 unlisted options.

Shareholders voted and approved all of this so it is totally legit. Good on the directors for managing to sort such a sweet setup for themselves in addition to their salaries.

DYOR.