Ann: Proposed issue of securities - MKG, page-53

We should have stuck with blue chip companies in the first place. The management suck the wealth out of retail holders and they will say anything to get new retailers on board. Very very expensive lesson! With the dilution that keeps coming in at deep discounts, it will be less and less likely to see your entry price.

The directors/top management have insulated themselves form the dilution to a large extent though. They can keep increasing their holding at prices even lower than the market price (they don't want to be paid at market prices).

Peter says he is keeping everyone happy. I take that as an insult. I don't want to pay anymore money.