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Message: Insider Ownership... from latest MD&A...

Apart from Richardson KXL insider ownership among directors and officers of KXL is nothing to brag about. Brian Maher owns just 130K shares?! That is just not good enough IMO. Does not say much about President's confidence in future IMO. Does it?

red911

From latest MD&A...

Share Ownership Interest of Directors and Officers

As of May 3, 2010, the directors and officer of the Company own the common shares and options as follows:

Name Common Shares Options
Michael Phelps, Chairman and Director 1,606,832 1,835,340
David Richardson, Director 7,156,891 1,153,009
Tom Barber, Director 567,266 500,000
Tom Mullan, Director 420,893 1,153,009
Robert Harrington 200,000 1,688,000
Terry King, Chief Executive Officer and Director 1,081,452 1,135,340
Brian Maher, President and Chief Operating Officer 130,500 825,000
Tony Wood, Chief Financial Officer - 300,000
Darren Lindsay, VP Exploration 4,800 200,000
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