Thread regarding Newpark Resources Inc. layoffs

It’s unfortunate that it came to this, but when folks are screaming for years and nobody listens, this is bound to happen

As a former shareholder, I wonder if executive management takes 1 minute of their day to read any of these posts. While I do understand that their are a lot or folks that have been done wrong by the company and post at times ridiculous comments, there are a lot of valid gripes and commentary on here to be honest. If half the board who actually does the work is saying this or that is wrong, I just don’t understand why it isn’t looked into as it’s any easy way make even small improvements. I’ve seen enough posts about Regional managers conflict of interest etc, etc, etc. over the years and I’ve always wondered if anybody looks into it because people just don’t make this stuff up. Bottom line, I know mgt is about their bonuses as are we all, but when your company s---s and people are giving you answers for free, why don’t you listen?

It’s unfortunate that it came to this, but when folks are screaming for years and nobody listens, this is bound to happen. Has upper management ever gone into the field once to see the job done and what it really takes to properly sale and service a well? I would be ashamed if I were them, but to be honest they only have half a brain. Their greed is unending.

Well said @Z5XwOdx-8nkz

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| 5221 views | | 44 replies (last July 4, 2019) | Reply
Post ID: @OP+ZdyKuRz

44 replies (most recent on top)

Read it and weep. The Board members just (5-23-2019) gave themselves all between 20,000 -23,000 free shares each. But the best part is they gave the new lawyer (been there less than a year) 64,041 shares, The Head bean counter In Charge 69,208 shares, and to top it off -El Presidente 202,289 shares. Just read the filings - it is ALL there. The lawyer's free shares are on top of the 50,000 free shares he got to come on board.

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Post ID: @5abv+ZdyKuRz

Well, see where they gave w_s BOD member S Finley another 20,000 free shares - that brings his current Total to over 210,000 shares. This for being a w__s BHI CFO until retirement in 2005 and then coming over to get on as a Board member on the freebie train run by the rocket scientist prez of nr. Absolute craziness!!!! BHI finally got completely out of the fluids business because they were the laughing stock of the oilfield and the only ones Worse that nr drlg fluids. BUT , word is after OVER 6 months, df Div Savior is on the Way, never fear. Problem is , he could be a solid minus (and probably will be), and be an improvement over Mr Oxford.

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Post ID: @4rzy+ZdyKuRz

Dear Former Shareholder- Ask and you shall receive. BOD Just voted yesterday to add 2,500,000 more free shares to the give away Pool that brings the Giveaway Share Pool TOTAL to 12,300,000 shares since 2015 (over last 5 years). They fell asleep and no award for 2018 but got 2015, 2016, 2017, and 2019 covered, NO problem.. This per the S-8 which was filed yesterday. Just in time to get in under the Memorial Day holiday. What was that comment about the Greed is unending.?? You say that slowly Now 12 Million, three hundred thousand shares.

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Post ID: @qle+ZdyKuRz

SH meeting adjourned. Been OVER 6 months now. Where is new DF leader to guide this circus forward? or whatever

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Post ID: @jbu+ZdyKuRz

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