Over the past 12 months, InterOil has issued 139,536 share rights to 15 different employees/directors/offices vs. zero open market share purchases. I hope all shareholders who purchased shares remember this on the next proxy vote.
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139,536 to ZERO
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09-03-2015, 04:29 AM
"And maybe someday we will find , that it wasn't really wasted time"
09-03-2015, 05:58 AM
I don't know quite how to evaluate that 139,536 share rights number. Do you think that is more than should have been required to bring on and retain the quality of directors and key personnel needed for this Company? I think we need some of the best, and I imagine the incentives needed would be significant. I wonder what the judgment of an expert compensation consultant would be? Any with expertise/experience in this area have comments?
09-03-2015, 06:04 AM
The problem with "expert" compensation consultants is they get paid by the company. If they provide reasonable numbers then they will never work again. Executives are the ones hiring the consultants to figure out their wages. They will always go with someone with a history recommending higher rates.
09-03-2015, 07:09 AM
In my view, a line between criticism and bashing of management is crossed when the poster is repetitious, re-presenting grievances in various forms as if there is a desire to sway the opinions of others.
09-03-2015, 08:53 AM
Agree, Thy.
09-03-2015, 09:47 AM
Agree-why bash a stock you are long ?? Do you want to lose money ??? To what end to convince others to sell ?. If still long do you want your investment to drop in value . .?
On principle I agree 100 percent management should buy stock but this seems overkill!! The idea from IR they can't buy because they are drilling doesn't carry much water . Heck they will drill the next 10 years or will they never buy stock ?? That's a huh!! Now that's worth a group effort to ask them for skin in the game . My opinion .
09-03-2015, 12:51 PM
JFT, you did a full 180 degrees in your last post. I don't really understand your position on this unless you don't have one. As for the post by Gator, I believe I understand, if so I agree and why can't people repeat a greavance? Certainly we support pumping of the management team. This too seems like repetitious and re-presenting Thy. I get it, not Getit, but if we want balance than this seems appropriate. I like Gators posts in general and I would say he has a right to post what he did, not just because I agree with it but because it is balance.
09-03-2015, 03:05 PM
(09-03-2015, 12:51 PM)ebster123 Wrote: JFT, you did a full 180 degrees in your last post. I don't really understand your position on this unless you don't have one. As for the post by Gator, I believe I understand, if so I agree and why can't people repeat a greavance? Certainly we support pumping of the management team. This too seems like repetitious and re-presenting Thy. I get it, not Getit, but if we want balance than this seems appropriate. I like Gators posts in general and I would say he has a right to post what he did, not just because I agree with it but because it is balance. TOTAL-LY agree!
09-03-2015, 05:01 PM
Thanks Mr. Gator"-aide" for posting "facts" instead of "fiction" ... you are truly a "gentleman and a scholar" in the fractious world of poor Interoil Shareholders and rich Interoil executives.
I wonder why it is that some folks are scolded for post anything "personal" on this Board while others do it consistently without admonition ... they are re-presenting their "un-abashed" support of mis-management without "facts" or "figures" to "back-up" their bent-over "positions"
Drivel Maven with Personality
09-03-2015, 10:54 PM
There is a huge difference between bashing a stock and calling out management for ( 1) failing to the most important event in a company’s history within the 2 years they stated and (2) buying shares if they truly feel InterOil has a world class asset that is underpriced by the market. Finlayson has been Chairman of the Board for almost 1 year. He doesn't get drilling reports or inside information, so there is absolutely no reason he isn’t able to buy shares in the open market. In the one year he has been CoB he has picked up 7,732 shares of IOC for free. What has he done other than conducted 1 shareholders meeting (and got an all-expense paid trip to NYC)? Nothing I wright will influence the share price of IOC, but maybe, just maybe it might give management (shame them) a reason to think about who they are supposed to represent; shareholders. Besides, I am calling out management now, not kissing their ass but then throw them under a bus after they have been fired like several other posters have done with prior management.
"And maybe someday we will find , that it wasn't really wasted time"
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