proxy votes and agm

Mudguts;

I commend your approach. The AGM is the ideal forum for unhappy investors to voice their opinion. I also agree that voicing your opinion here is just venting and will not achieve anything.

Unhappy investors should use this and other chat forums, to canvas and where possible present a collective view as what they would like to see changed about the company operationally. Afterall, this is one of the reasons we have the Internet, not to mention sites like this one.

But lets put things in perspective here. What is it that we would like changed?? What is it we are unhappy about?? and finally, how do we band together to present these views to the directors??

Does anyone want a change in directors?? if so, who will replace them? Does anyone have a candidate/s??

What I am saying is, if shareholders here are being asked to give their proxy, lets be realistic about what we want to happen, and find a way to present it at the AGM in a united front.

The biggest gripe that anyone has, and I have been here long enough to suggest these are;
1) lack of communication, and lack regular monthly QUANTIFYABLE (figures that is) updates. There is not a single person on here that does not want that!!

And please don't tell me regular updates compromises the company's IP, or they are they have already stated they will not be commenting on the individual implant.

That is just simply HORSE SH*T!!!!...

If this is the case, I guess with the last release VCR has compromised the IP!!!....they are not being ask to comment on individual implants, they are asked to provide market sensitive information which they are obliged to do according to ASIC.

2) The lack of clarity about how much money they will need. Not what they have now, but will need to get them through the trials. In other words, will there be another SPP?? Everyone here is guessing, and please don't tell me that management doesn't have a view on that!!!!!!!!!

3) Lack of sales estimates/projections.

The above points can not be addressed on the proxy form. These need to be collectively communicated to management and a COMMITMENT is demanded, and where possible, financial rewards are tied to these commitments.

the other items, such as, the new constitution and Financial rewards to executives needing to be curbed to slow down cash burn, can all be voted on using the forms provided to every shareholder. Providing a proxy for those is unnecessary.

The above items (gripes) are not on the agenda that need to be tabled and a resolution sought on them.

Lets not waste this opportunity. If someone has a plan as to how we can band our holdings to present a united view at the meeting, lets hear it. But lets be clear about what we want communicated and the outcome we expect.

Cheers