APG 0.00% 0.2¢ austpac resources nl

Move to Oust Cuthbertson

  1. 143 Posts.
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    Dear Fellow Shareholders

    With a share price at .1 cents per share, Cuthbertson has to go.

    After months of fruitless negotiations, Requisitioners holding 263 million shares today served notice on APG of their intention to remove Cuthbertson as a director of the company. Under Cuthbertson's leadership we have witnessed 10 years of failure and frustration. It is time this untenable situation is brought to an end.

    We intend to appoint 4 shareholder nominees to put those with skin in the game in control of the Company. The lack of effective leadership has held this Company back for too long. We want any future contracts emerging from the Current Proof of Concept work at the Newcastle plant to be negotiated in the interests of shareholders. The only way we can assure this outcome is by taking the reins in our hands.

    It is time to strike. Your support will be greatly valued. A s.249D notice will be prepared over the coming days. You will be given the opportunity to join us in lodging the notice. It will then be game on.

    Clacko

 
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