re: Ann: New Executive Contracts provide cost...
My contacts say Albers other companies have directors on $60,000 - $100,000 plus options.
The RAI 3 directors outstanding deal of $350,000 has just got even better with $225,000 and $250,000 plus options at a very low buy in price. Of course those 3 director want it.
Should be options at 10 cents and salaries of $100k.
I think it is Sept this year that their directorship was to ends. So this deal will also nullify that.
I guess it also means the Ann from Cadco will be after the general meeting. Otherwise if it was a positive Ann the sp would be over 5 cents before the directors have even started their option scheme.
RAI Price at posting:
2.8¢ Sentiment: None Disclosure: Held