The only highlight I'm seeing at the moment is the fact that key personnel keep issuing themselves performance shares for not only doing their job but setting the performance bar lower than a toddler could jump over. They must believe in the end game in that these shares are going to be worth substantially more than they are now. lets face it, a 2c rise is $100,000 more than Robys current salary. If this is the case what would his 20 mio shares be worth @ $1.00? Answer a sh*t load more than all of his past salaries put together.
A conspiracist may argue that they do this to fool punters into believing the above while they sit around sucking on excessive salary.Â
I have no real objection about the shares issued as long as its tied to results. There has been a few milestones achieved so you would expect that shares be issued accordingly, but you cant have it both ways which in my view diminishes the imperative to grow and thrive.
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