Morella going bankrupt?, page-54

Morella's consolidation has effectively cost their Shareholders 98% of their wealth, thank God we don't have their BOD, oh wait, we pretty much do.

25 : 1 Consolidation relisting at .075c
Currently trading at .031

"As a part of the process to finalise the 30 June 2023 Annual Report for Morella, the Board undertook a thorough
review of the Companies performance.
The Remuneration & Nomination Committee, which comprises the full Board of Morella, have determined, the
results of the Company during the period warranted an award of Performance Shares to reflect the
performance of the Directors and Executive.
The Board has determined that a total of 40,143,723 Performance Shares should be issued to Directors and
Executives pursuant to the Company’s Executive Incentive Plan (EIP). The Performance Shares are unrestricted
fully paid ordinary shares in the Company"