TZL 4.35% 2.4¢ tz limited

it's all just cut and paste integrity, page-14

  1. 1,232 Posts.
    I’m not a rich man but if there were to be a share purchase plan under the new board then I would happily subscribe to it with whatever funds I had available. Perhaps each share could have one of Mr. Casey’s free options attached in order to raise further funds down the track?

    Now who could resist that?

    I firmly believe in this technology as does every one else here It has the possibility to be world class.

    It is no eye opener that I support the change of board with Mr. Bouris at the helm and guiding my investment, which although is by no means huge compared to most peoples, IT IS MY LIFE SAVINGS.

    I feel confident that Mr. Bouris has the abilities to make this company successful,
    The fact that he wishes to act on a fee for service basis only underlines his professional attitude to me.

    Current management whether it includes Andrew Sigalla collaborating with them or not may well be confident that they can get the ball over the line with Anixter and the aerospace proposed licensee, but they have been confident on so many other occasions that their confidence is a tragically mute point.

    I would prefer to put more capital into OUR company and endure a further three months than see the current board succeed now only to blunder the future and extract further excessive payments from the spoils.

    Consultancy fees, bonus payments for a NASDAQ listing, excessive travel and accommodation expenses, Mystery Sundry Debtors, skyrocketing Other Expenses.

    I truly wonder whether there is any intention to return any value to share holders by either: dividends or share price increase. It is very hard to get any full flavour when the cream is continually skimmed of the top.

    With the standard of announcements released in the past by the board I have little faith in their professionalism.

    “The Board has again sought the advice by John Egan and Associates in respect of the Employment Contract termination consideration.”

    And this statement alone would be enough to convince me that there is more interest in skimming the cream than in forwarding the company. ANDREW SIGALLA RESIGNED

    I will support the new Bouris Board for the EGM and for any Capital Raising they deem fit to forward OUR COMPANY
 
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