Second post and your back to your "lets get personal" style of posting already.
Not your buddy, nave have been, never want to be and never shall be!
Let's see if you can go at least the rest of the day discussing JUST PDY, and not other posters, what you had for lunch or which old movies you watched.
"As if this was stopped then we would have admin fees of only $300K per quarter."
Only an estimate, as anything can happen to alter that amount, up or down
$300,000 per quarter, plus the $320,000 in allocated shares, would then equal $620 thou. per quarter?
Depends on how long they spread the "pay cut" out.
Admin. fees for Sept Qtr. were $327 thou. and now with the inclusion of TQ as a director, at around $80 thou. a qtr. ($407 thou.) So $300 thou. would be for how long? One, maybe two qtrs, then back to the $400 thou. plus?
PDY Price at posting:
0.5¢ Sentiment: None Disclosure: Held