VUL 12.4% $4.89 vulcan energy resources limited

I don’t really understand any of that document but sounds like...

  1. 182 Posts.
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    I don’t really understand any of that document but sounds like they want to remove the regulatory cap on payouts for retirements and terminations ? No cap so payout can be whatever the board deem suitable ????

    why we fund a retiree if he decides to leave before his interests vest???
    why would be remove a cap on termination payments??

    sounds a bit like Horst and Francis getting ready to ride off into the sunset with monster payouts ???

    please correct me if I’m off here, like I said I don’t understand that document at all.
 
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