Can I ask what the executive management of FAR did (extra and beyond their duties) to earn an extra half a million dollars worth of options for FREE?!?
As Shareholders, we put up the initial money.
As managers, they identify the prospects, found farm-in partners (CNE and COP).
These new partners put in more money (many millions) and hired the staff (CNE).
The Operator (CNE) then drilled the hole and oil was discovered.
Have we not "rewarded" our management with tens of millions of options already for their work - on top of their 500k salaries?!?
As Shareholders, where is our reward?!?
Shouldn't we be rewarded for our risk and patience?!?
Why does our executive management get to dip into this pool twice?!?
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- Ann: Notice of Meeting, Executive Incentive Plan and option issue
Ann: Notice of Meeting, Executive Incentive Plan and option issue, page-72
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