Not long ago, Mark Gwynne had to sell a pile of shares at 5-6c to fund his new beach house or girlfriend's Porsche and caused the SP to plummet.
The Option Entitlement Offer asks us to approve an additional 12.5m options to JR and Gwynne, which Gwynne would be entitled to, if he held an extra 25m more shares.
So on one hand, he sells, coz he needs the money, and causes the stock to tank, and now he can afford $25,000 to buy options that he doesn't deserve, because he doesn't hold the 25 million shares that he should have.
IS THIS KARMA OR WHAT?????? SCREW HIM!!!!!
Its payback time Hot Copperites!!!!
EVERYONE VOTE A RESOUNDING NO TO THE ENTITLEMENT TO MARK GWYNNE.
GB - we need your help on this one
And every other holder of MHL - Vote NO to the entitlement to Mark Gwynne
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held