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Outside of highish consultation fees, all looks quite good...

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    Outside of highish consultation fees, all looks quite good @KingHoves

    Re your questions:

    See A & A Cannavo in the top 20 (around 3.6 million shares)~ 99% chance they are director Frank Cannavo's parents = skin in the game for an Italian.

    Rod owns close to 500k which he's paid various prices but his average would be around 5-6 cents, so he's put in plenty considering his modest wage.

    Aside from the consulation fees (would like a breakdown there), from my experiences at this end of town, all the wages seem modest and well aligned with shareholders. I'm sure we've all seen a CEO/director pay themselves well over 500k in loss making companies.

    Rod (1 million) & Frank (500k) both have options at 20 cents expiring next year, and both gents are shooting for 3 million 8 cents options each (with long expiry) at the next AGM. Justyn is seeking 1 million.

    That seems a bit rich for me without knowing more, but it is something the substantial shareholders will need to renegotiate if they see fit.

    I assume they will add KPI's that align with the best interests for their holdings.

    The annual report makes it clear Justyn is filling a seat, and the hunt for a replacement has already begun.

    This represents an enormous opportunity for the company to select a director (there should be plenty of choices now) who can open doors & make things happen.
    Last edited by sapporo: 31/03/21
 
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