Ann: AGM - Chairman's Address, page-2

I see that the arrogance and swagger is back, or did it actually ever leave the building?

For those interested, go and check out the EOS Spacelink Linkedin page read the multitude of comments of high 5-ing and back slapping AFTER it was announced that the project was winding up. "Job well done they said".

The Chairman, who's made a motza from EOS goes on to thank WHSP. Yet, the company played out a public spat trying to challenge WHSP in a contractual dispute. One where I commented that they (EOS) should shut the f**k up and just pay the fee because they were never going to defeat a professional third tier lender in SOL.

Now, the Chairman is back slapping the company for a job well done after raising capital when the SP was $2.09 - but he's reluctant to back slap the company for another shot at being the perennial capital killers that the company has been and continues to be. His address on space is just ridiculous.

The arrogance of this company is just woeful and for those that have a small stake in the company just to keep your finger in the pie, you're going to get shafted (again) by EOS as the company looks to follow the footsteps of ZIP Co and sell your (or make you sell) your small holdings. Mr. Hounsell claims that it's an administrative burden having so many shareholders with small holdings on the register. Yet, they've blown money left right and centre and continue to pay incredible monthly interest costs to WSHP (let's thank them again shall we?). What do EOS expect given it's history since listing?

What a joke. EOS...hang your heads in shame you arrogant dogs.

"EOS has a significant number of shareholders with very small unmarketable parcels. These
holdings create an administrative burden for the company and extra costs. As such the Board is
currently considering implementing an Unmarketable Parcel Share Sale Facility to provide
eligible shareholders the opportunity to sell their shares free of brokerage charges, if they wish
to do so. If shareholders have any comments about this proposal, please do not hesitate to
make us aware."