BTW, an alternative proposal other than removal of an officer is to put forth that his or her contract will not be renewed nor will they continue in any capacity of employment with VCR after expiration of said contract.
Once again dammed if you do and dammed if your don't...will they continue to adequately perform up to expiration of contract?
Incidently, they will need to seek I dare say approval for convertible notes. And that will be at AGM. If this succeeds guess who gets a good splice.
As far as I can see we are knackered whatever course. It's the majority shareholders who are standing idle...and a lot could be said there.
VCR Price at posting:
11.0¢ Sentiment: None Disclosure: Held