Hi, If you read the Share Purchase Plan documents on Page 37 you will see the figures however for your information I will give you the heads up - let's start from the lowest Board member --- Derek Hall - proposed 2023 $141,000, 2022 and 2021 - nil. Bert Mondello - proposed 2023 is $310,000 - 2022 was $201,497 and 2021 was $261,500. Andrew Taylor - Proposed 2023 is $678,016 - 2022 was $659,556 and 2021 was $295,921. The SPP states that the funds will be used as $1,200,00 for "Promotional Activity", $300,00 for "Additional Working Capital" and $300,000 for "Administrative Expenses". I believe it is scandalous that this Board is prepared to raise $1.85 million when over the 2021 and 2023 years they have been paid (and propose to pay) $1,990,069 to Directors whilst destroying the value of our share holding. Why would anyone participate in the SPP to feed this Board? I believe they should all resign and let the shareholders elect a Board that has the interests of shareholders as a priority rather than pay Directors excessive fees for no value return. If the Douugh platform is what is it touted to be then let a professional Board bring it to fruition.
DOU Price at posting:
0.7¢ Sentiment: Sell Disclosure: Held
