Received a phone call today reminding me to vote on the resolutions as listed on the AGM agenda.
in particular, he advised that the current board strongly supported a yes vote on all the resolutions, particularly regarding remuneration.
I politely informed the caller that I was a big boy now and would make my own decisions as to how I wished to vote, and did not need to be influenced by a phone call on behalf of the board, strengthening their own financial position.
I am certain, if this board and management team had been more proactive in seeking to move the technologies forward to be a stronger position to bring to market successfully, calling to influence shareholders to bolster their positions would not be necessary.
if only the board and management team had been more proactive in the last few years, this company may have been one of the outstanding performers with a product that would be of worthwhile benefit throughout the world.
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