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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (49496)9/22/2012 8:02:41 AM
From: Madharry  Read Replies (1) of 78740
 
aab.TO I stand corrected. I did not review the latest financials until after I responded to you.
according to the MDA renumeration of key management increase was mostly due to increase in short term benefits from $447K to $4,313K from the corresponding 6 months period ending 7/31. Considering that the market cap of the company is only around $38 million this is a material expense which should have been explained in detail. I am not surprised the OSC has responded in the same way the SEC has . these entities are useless in protecting shareholders other than eventually getting some meaning less judgement agianst fraudsters have the looted assets have been dissipated. I will contact Stein and see if they are willing to supply specific details about this increased renumeration.
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