re: Ann: Otto Energy - Notice of Meeting 28 F... these options are a joke, what sort of incentive is that, there is no incentive there, only a free give away of more of my stock. 4,000,000 of them!!!
these guys are getting back into there dodgy ways. Get someone else in to run this ship for $520k pa. not difficult, sell this sell that as divestments of so called "non core assets" i.e. cash generating O&G assets - clearly non core, then issue yourself options. such bs.
so all these guys are sitting around a board room, one says, "i move the motion to issue director A stock, all agreed?" everyone agrees. another says, "i more the motion to issue director B stock, all agreed?" everyone agrees, and around it goes. all doing such wonderful work, what a productive meeting.
Total BS.
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- Ann: Otto Energy - Notice of Meeting 28 February
Ann: Otto Energy - Notice of Meeting 28 February , page-3
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