In the latest grab by officers & directors they want a new stock option plan to issue up to 10% of shares to themselves at these low prices. So typical of greed at that level. If they want shares, let them buy them like the rest of us. On top of compensation that is too high, they want a free ride on the stock. Ugh!!
I am not sure how they got this through as management have little or no shares. Perhaps they will now start looking at ways to make money - although I am sure they have not taken a pay cut to offset this perk. Which brings us to question - why have they done so bad in the last 5 years and why reward this dismal performance with stock options????
Who voted for this and what was the count?????
Since WE shareholders just approved this crap, I hope they get to work and sell all the ASSets at the highest price, and leave me a little crumb.
CALGARY, Sept. 13, 2012 /PRNewswire via COMTEX/ -- Advantage Oil & Gas Ltd.
(TSX: AAV) (NYSE: AAV) ("Advantage") announces that at the special meeting of
shareholders of Advantage held earlier today, shareholders approved the adoption
by Advantage of a stock option plan. The stock option plan provides for
long-term equity based compensation for directors, officers and employees of,
and consultants to Advantage.
A copy of the stock option plan is available on Advantage's SEDAR profile at