The current options voting doesn't relate to the stuff up from last year (ie 100,000,000). Resolutions 1-3 relate to 3,000,000 directors options. The directors who are about to receive these options "consider that the incentive represented by the grant of these Options is a cost effective means of rewarding and incentivising Directors, when compared to alternative forms of incentive such as the payment of additional cash compensation".
Here's a suggestion guys (directors).... how about you give yourselves a cash compensation IF the company does well and achieves a certain share price objective. That way you won't be diluting the company any further than you already have done.
Unless of course you don't give a damn and can't be stopped anyway.
(sigh!!)
Resolution 4 relates to 3,150,000 further 'handshake' options to consultants.
more dilution.
so we're up to 106,150,000 since August 2006. When these get converted to shares, of course the 15% rule will now allow an even greater number of options to be issued without shareholder approval. So the snowball gets bigger and bigger.
Am I missing any options?
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $11.65M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.6¢ | $2.255K | 136.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1742099 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2243 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1742099 | 0.016 |
6 | 4621812 | 0.015 |
3 | 506000 | 0.014 |
1 | 80000 | 0.012 |
2 | 1000000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2243 | 1 |
0.018 | 100000 | 1 |
0.019 | 468235 | 3 |
0.020 | 1253053 | 4 |
0.021 | 785888 | 5 |
Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
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Dr. Hartley Atkinson, MD
Dr. Hartley Atkinson
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