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Gold/Mining/Energy : Autumn Industries Incorporated (ATU-V) -- Ignore unavailable to you. Want to Upgrade?

To: thewiz who wrote (344)	6/7/1999 10:51:00 PM
From: thewiz	Respond to of 428

John, I presume you got your notice about the upcoming AGM and I imagine you are about as happy about it as I. I don't pretend to be a business person but my crude calculations indicate that SOMEONE got a 61% RAISE from 120K to 193K (car allowance included). FOR WHAT??? No wonder we see so much paper being pushed out the door with the money paid to the top four 'directors'. If the board of a company was truly representing shareholder value they'd never vote such an absurd increase. When CEO's of large companies don't perform they aren't usually rewarded with huge increases (they get their gold watch and are shown the door). I see also that options are or have been granted to Francis Peete,Phil Leith, Robert Leo Smith and several others. Who in hell are these people and why the options??? If they're going to throw them around they should sent a huge bundle out here to those of us who have poured our hard earned money into this outfit. This management controlled board is just a big joke. All votes 4-0.