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Few people got their knickers in a twist last time I did this
But what do I care
Don't have a boss to answer to...
Hopefully, teach a few people how to avoid getting screwed
Ok lifestyle company 101
$UEC Read 10K compensation
Compensation committee "reduced" salaries
But what do I care
Don't have a boss to answer to...
Hopefully, teach a few people how to avoid getting screwed
Ok lifestyle company 101
$UEC Read 10K compensation
Compensation committee "reduced" salaries
@AmirAdnani $1.5m is bananas for a CEO of a non-producing company
Plus nice $450k bonus last year for hitting dilution KPIs
Add another $1m for company CFO and VIce president
This is all being financed by lots of this. https://www.mining.com/uec-increases-public-offering-to-15-million-stock-tanks/
Plus nice $450k bonus last year for hitting dilution KPIs
Add another $1m for company CFO and VIce president
This is all being financed by lots of this. https://www.mining.com/uec-increases-public-offering-to-15-million-stock-tanks/
Buried below the compensation section is further "executive service agreements"
$UEC shall pay Adnani Corp an additional $30,600 per month for providing consulting services in addition to his duties and responsibilities as CEO
$367,000k to be exact (more than his fixed salary)
$UEC shall pay Adnani Corp an additional $30,600 per month for providing consulting services in addition to his duties and responsibilities as CEO
$367,000k to be exact (more than his fixed salary)
Scott Melbye Vice President
Gets a additional $18,750month =$225,000
Or 20% higher than his base salary of $176k
Gets a additional $18,750month =$225,000
Or 20% higher than his base salary of $176k
Of course, Pat Obara can't be left out.
He gets paid through Obara Builders Ltd
$12,375 month = $148,500 (~40% higher than his base salary.)
He gets paid through Obara Builders Ltd
$12,375 month = $148,500 (~40% higher than his base salary.)
But why does Rick Rule talk highly of $UEC ?
Simple incentives
8% on credit facility
Extension fee of 1% dilution 959,163shares
And lower their existing warrants exercise price from $2.50 to $1.35
I'd have nice things to say if I got this deal...
https://www.sec.gov/Archives/edgar/data/1334933/000118374016000297/ex99-1.htm
Simple incentives
8% on credit facility
Extension fee of 1% dilution 959,163shares
And lower their existing warrants exercise price from $2.50 to $1.35
I'd have nice things to say if I got this deal...
https://www.sec.gov/Archives/edgar/data/1334933/000118374016000297/ex99-1.htm
