Hi Holders
I have been reading the latest info at length and here are my thoughts on the resolutions.
Firstly I am not happy at all and will be voting some yes and some no.
Resolution 1:
YES because it is needed to secure the IPO $8million
Resolution 2:
YES we have to issue shares to get the $8million
Resolution 3:
YES as these are the Vonex original owners
Resolution 4:
YES as these are the Vonex original owners, same as Res 3
Resolution 5:
NO vote. we shareholders already own this IT of Oper8tor and is written quite clearly in the employment agreement with Angus Parker & Matt Fahey and they want a mix of 40million shares post raise which is in
todays pre raise 200 million shares. Plus they both get a salary of around $250k a year plus benefits. Also 20million users in 5 years he would have to be joking. Whatsapp & Messenger have 1.2billion active users, six times and these guys want to take 5 years to get this amount. How long has Whatsapp been going? Messenger? How long?
Resolution 6:
NO vote. what is he going to do make this company go forward. He is a non executive and just chairs meetings, and helps run the day to day business. Nicholas Ong wants 9million 600 thousand shares post raise which is
today pre raise before the 5:1 nearly 50million shares, Since we traded on the ASX Vonex has been consolidated 3 : 1. Another way to look at is when we all were trading on the ASX nearly 2 years ago this amount would of been equal to nearly 150million shares.
He already was given at the last meeting 4 million performance share. Let him earn these first.
Resolution 7:
NO vote. Read above number 6 and this guy Vilensky wants the same 9.6million to do what... he is the lawyer for the company doing its legal work and not much else and gets paid for it. Also a non executive. Ask yourself why should he get 9.6million. He was given 4 million performance shares also at last meeting. For what? Perform better in a court room or is it for being Angus PA
Resolution 8:
NO vote. Double dipping simple already given previously at 4 million at last meeting
Resolution 9:
NO vote. Double dipping simple already given previously at 4 million at last meeting
Have a think about what I am saying posters, remember all proxies have to be received no later than
11am Perth time Wednesday. Send them off
tonight or
tomorrow to company secretary Matt Foy
email:
[email protected]
