From the Notice of annual meeting:
"if the Related Party Options granted to Mr Ostergaard are exercised, atotal of 60,000,000 Shares would be issued. This will increase the numberof Shares on issue from 1,568,781,482 to 1,628,781,482 (assuming that noother Options are exercised and no other Shares are issued) with theeffect that the shareholding of existing Shareholders would be dilutedby an aggregate of 3.82%"
And
"Notice of Meeting the primary purpose of the grant of the Related Party Options to MrOstergaard is to provide a performance linked incentive component inthe remuneration package for Mr Ostergaard to motivate and rewardthe performance of the Mr Ostergaard in his role as Managing Director"
Well past infuriating......now just laughable!!
My message to Company is as follows....
QUIT USING MY MONEY TO FUND INTERNAL INCOMPETENCE AND SLIDING BALANCE OF POWER!!
(I wont elaborate, but i'm sure @Growler & @doubledown see this from miles away and can elaborate if they so choose)
YOU HAVE UP UNTIL THE AGM TO PRESENT DEALS IN PLAIN ENGLISH! AFTER THAT, ALL SUPPORT WITHDRAWN!!!
For the mods, do not remove post! All IMO...
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Ann: Notice of Annual General Meeting/Proxy Form, page-10
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