has he been worth it?, page-2

At the AGM, the shareholders will have the opportunity to voice their opinion on the performance of the Board.

Furthermore at every second year of AGM, the shareholders can exercise their right to remove the Non-Executive Director from office if the shareholders deem that the non executive director’s performance is not up to standard.

JF is now due to stand for re-election at the 2009 AGM.

** Do your shareholders bidding & help CTO get its market confidence back! **

  ** VOTE NO FOR JF on your 2009 AGM Proxy **

Mr John J Foley - Non Executive Chairman SINCE 1993

Remumeration Payments made to JF for FYE 2009: $185,260

Company (Loss) for FYE 2009: -$1,607,385

The Remuneration committee consists of the following Non-Executive Directors: T V Willsteed (Chairman) and JJ Foley.




(This post is not intended as investment advice, do your own research & make your own decision.)