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  "documentTitle": "Oasis Stratus Presentation March 2021",
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  "presentationDate": "2021-03-01 00:00:00",
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  "notes": "The slide uses a three-part list structure to categorize board failures: financial payouts, governance structure, and nepotism.",
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      "text": "Lack of independent oversight over CEO: CEO/Chairman role overlap, excessive compensation.",
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      "text": "Consulting agreement with CEO's son: Hiring of Buck Armstrong, reimbursement of personal expenses, conflict of interest.",
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      "text": "Payouts to limited partner: 33.33% interest acquisition, ~12% return, -8.7% stock return.",
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      "text": "Source: Public filings",
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      "text": "Tenure and relationships aside, a director's independence is best judged by the decisions they make. Stratus' Legacy Board has presided over poor decisions and has not been an adequate check on the CEO's power.",
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