The notion of rewarding SSN directors/company executives millions of
dollars i.e. 10-15% of SSN for repeated operational failures and delays resulting
in an approximate 60% fall in the value of our company is totally ABSURD.
Thank god the share price isn’t at 15 cents we would have had to give the
Directors 98% of our company and pay them extra cash bonuses so they
could afford to pay their huge capital gain taxes.
There must be something afoot.
Hopefully.
Oil Baron Tel would not want to mal-align himself with shareholders, surely.
I too believe that the Circular to Shareholders re the Meeting on 30 May 2012 is
hopelessly legalistic and prohibitively difficult to interpret or predict whether
future possible outcomes may be financially rewarding for ordinary
shareholders.
However the financial rewards for the corporate officers of SSN are very clearly
elucidated, tabulated, graphed and highlighted.
If this document and sentiment is indicative of what the US pays its corporates
for repeatedly dropping the ball imagine what they would receive for kicking
a goal.
: )0
The company has stated that this is their going rate for us as shareholders to
afford to secure their expertise, talent and possibly, the future provision of a
reply paid envelope.
(sorry Sandy’s apparently SSN cant afford it this year)
Is it any wonder that currently the US total debt to GDP is 100.012%
I do feel that Terry will provide us with further explanatory addendum to this
nightmare of a document as well as a convenient SP rise before Enid’s Tea and
Crumpets on May 30.
“But We Ain’t Seen Nothing Yet”
cheers and tears
: (
netstockings
p.s. for all our US friends - 'Not Happy Jan' is a iconic reference in OZ
( see 'Not Happy Jan' add on Youtube )
http://www.youtube.com/watch?v=mG9tiaY-2Qo
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samson oil & gas lodges quarterly report and a, page-64
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