Item 1 - There is no item 1?? (more mismanagement from Karl??) Item 2 - Remuneration Report - Against (impossible to vote For when Karl is getting paid $1m per annum - utterly ridiculous) Item 3 - Investigation of Removal of the Company from the Official List of ASX - Against (if LVT is delisted it is most certainly dead and buried) Item 4 - Election of Director - Mr Steven Gray - Against (obviously a crony of Karl's) Item 5 - Election of Director - Ms Lisa Sarago - Against (obviously a crony of Karl's) Item 6 - Additional 10% Placement Capacity - Against (this would allow Karl to issue more shares to other cronies for more nonsense acquisitions like My Net Zero) Item 7 - Ratification of Prior Issue of Shares to My Net Zero - Against (this was a sham transaction) Item 8 - Ratification of Prior Issue of Shares to CYCL - Against (this was a poor and overpriced acquisition) Item 9 - Approval of Employee Incentive Plan - Against (if Karl has anything to do with this it's bound to be unnecessarily generous) Item 10 - Approval of Management Incentive Plan - Against (impossible to vote For when Karl is there) Item 11 - Amendment to Constitution - Against (sounds dodgy and Karl cannot be trusted) Item 12 - Approval of Selective Buy Back of BindTuning Shareholders - For (this must be the first time in the history of the company that Karl has actually been responsible for a reduction in the company's shares on issue)
So essentially I voted Against every resolution except for the last one, Item 12. I encourage all shareholders to vote prior to the cutoff time of 10am on Tuesday 28 November, and using the above as a template wouldn't be a bad way to go.
LVT Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held