vote no to director options...

To be honest I dont think we have the numbers to block the options going through, & directors more then likely have the numbers to push it through, but as shareholders we need to send a message to management that a second batch of free options & further dilution is a kick in the teeth to shareholders who have seen no significant return since new management have come on board:

Directors already received the following free options October 2009:

IDG OPTIONS
(i) 8,000,000 ESOP Options to Mr Pynes;
(ii) 8,000,000 ESOP Options to Mr Kestell;
(iii) 2,000,000 ESOP Options to Mr Hardie; and
(iv) 1,500,000 ESOP Options to Mr Fitzgerald

TKA OPTIONS
(i) 5,000,000 TG Options to Mr Pynes; and
(ii) 5,000,000 TG Options to Mr Kestell

I see no reason why the following free options need to be issued:

IDG OPTIONS
Peter Pynes 10,000,000 Director Options
Tim Kestell 10,000,000 Director Options
Paul Hardie 1,500,000 Director Options
Matthew Fitzgerald 1,000,000 Director Options


vote no!

Dyor...