XPE Lounge, page-1704

Either I missed John Stefanac's tweet, or, as a new holder, it was lost on me. August 19:

"Shareholders are the vital blood of a company and should not be taken for granted or forgotten"

Now I understand the tweet in light of the motions at the AGM which sent the SP reeling.

I think that, regarding the convertible note, 75 millions of oppies for the "advisors", exercisable at 5 cents, is definitely not in the shareholders interests, for example. Potentially diluting shareholders to the max and making the advisors rich.

I think John's tweet should be adopted as the mantra for ALL companies. I think some of the motions at the AGM were definitely not in our interests. A couple of motions were dropped, and one or two more may be dropped at the open of the AGM or may be pushed close by the No vote.

There was extreme pain in the SP as a result of shareholder unrest, but I think we are likely to see better corporate governance in the future, and a rising SP at the same time.

Personally, I think Martin should be the CEO. I believe the SP would be subject to far less of this extreme volatility we have witnessed over the past few months. Maybe COO for AL or some other role. However, I would prefer all future Announcements to be signed by Martin Despain. The last Announcement was very crisp and resonated extremely well with the market, and I think having Martin's signature was.. a component of the large rise in the SP on Friday.

Off to the dog park....