I voted in favour of it. 100% for it. Board members putting in $1m at 30 cents was great endorsement. $80-100m MC with 200m shares on registry sounded alright to me. No milestones anywhere to be seen?
instead it went down the road several HC nuffies wanted it to. Well, this is the result. Now we must deal with it. First step. Take up rights offer. Second step secure more cheap shares. Third step, challenge the board directly when they are being greedy and unreasonable.
I still connect with the board. It’s great to be able to push back directly to the source when you don’t agree with something they are doing. They are greedy right now, agree. To be honest though, those milestones would see me profit, so personally I shouldn’t be phased. But I also know when the board are acting unfairly. Right now they are and am actually trying to do something about it.
You on the other hand...
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