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InterOil Corporation Message Board

  • iocrules iocrules Sep 11, 2013 4:21 PM Flag

    Dr. Michael Hession knows what to do...

    Even though I think this stock is not going anywhere soon, for what we have heard Mike has locked everyone out of the room and has his own people reviewing this deal. Whether or not this is good or bad, it means to me that he wants this done his way. No news is leaking and he is keeping it tight lipped. He will get this done but it will not be until the end of the year, maybe by the time November numbers come out. PNG has to clean house too so DUMA gets NO CREDIT for this deal. Mike knows that too. He does not like DUMA and he will make sure DUMA is gone first. When you hear DUMA is dead, then buy buy buy,,,this is coming from shortie too...

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    • He's a smart guy. Looks like he negotiated himself some restricted shares in IOC vs. options. If I was a tout I'd rather him loaded up with options that would see him make a mint if IOC goes to $100 or $120. With 4,300 restricted shares if IOC goes from $75 to $100 he makes an extra $107,000 (pre-tax). Whoopdeedo. Even Christian V was granted more than that in RSUs earlier this year.

      Sentiment: Strong Sell

      • 2 Replies to bonkthegrups
      • Bonkthegrups,

        Reading your posts, you seem like an intelligent person, so I cannot imagine you believe all Hession received was 4300 shares. The options have obviously not been reported yet, or they could be some performance based knock-in (up-and-out) kind. I understand you are "reporting" on exactly what you see today, but it seems a bit disingenuous

      • bonk,

        I'm suspect there's some option compensation that hasn't hit the airwaves for some strange reason.

        It makes little sense for him not to have options on multiple hundreds of thousand shares as well as a seat on the Board of Directors.

        There just about has to be an employment contract with some presently unknown provisions.

        After all, PM "retired" when he did so his successor could get some credit for the presumed stock price increase post-DEAL.

        The longer this goes on, the more Hession's imprint will be evident -- and the more evident it will be that "the best deal possible," touted by our SHU buddies, wasn't.

        For now, we wait -- and are likely to be SURPRISED, one way or another.


        Sentiment: Strong Buy

    • You are speculating. You don't know squat. No one does. We wait.

      Good luck longs

      Sentiment: Strong Buy

    • perrynation Sep 11, 2013 4:26 PM Flag

      Really? I heard he locked himself in the men's room at the Crowne Plaza in Port Moresby. Seems there's a gang of RASKOLS waiting outside that want to talk to him....

      bwaaaaaaaaaaaaaaa haaaaaaaaaaaaaaa haaaaaaaaaaaaaaaa!!!!!!!

      NO DEAL until 2525 when DUMA Retires. IOC is "expected" to have a second mini-mart constructed by that time but it is still only a "possibility".

      Sentiment: Strong Sell

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