I received the notice of general meeting to approve the issue of options to various entities. I voted against for all of the option issues as most were for the directors and financial advisers. I feel sure that what-ever activities performed by the latter were well and truly paid for in cash. I believe that directors should have steep hurdles to achieve before being granted options which are well and truly in the money at early stage of the company's development. I agree that there are a huge number of deliveries but are these being converted into cash in the bank? Who are these "international company's?" I wish the company well for obvious reasons but I do believe transparency is a priority.
GSW Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held