There were a total of 3 shareholders at the AGM - 2 close friends of George, so I was the only 'independent'. Nothing of any substance was said really - and like in a Kangaroo court all the resolutions were passed. I asked Tomaras directly if he thought giving all of Zyber's money to George in a personal loan was in the best interest of shareholders - he said with a straight face yes it was. I quizzed George on what he's done in the last 12 months - I suggested nothing - he said a lot has been achieved. Kintslinger and George said the product should be ready in 4 to 6 months, they'll market it and then apply to the ASX to get relisted.
So obviously it was a very insightful meeting and Zyber has a bright future with these four honest board members.
ZYB Price at posting:
1.5¢ Sentiment: None Disclosure: Held