Mark Fortunatow can no longer be both the CEO and The Chairman of the Board.
There should be multiple nominations for the Chairman of the board and the Shareholders should have the final say as to whom is voted into the role.
There needs to be transparency with the nominations.
The nominanees should have a proven track record of consistently positive results.
This is a Publicly Listed Company.
The Shareholders have not been looked after and we need change.
I believe all the options provided are rubbish and aren't in the best interest of the shareholders.
Mark Fortunatow and all executives should be taking major pay cuts and that money should be invested back into the business.
Once you start producing positive results that gets the share price over 35 cents and it finds support, then we can revisit the renumeration package.
Until then it is a big NO from me on any type of renumeration package.
We want transparency and all the options you have tabled you should provide shareholders with what established plan you have to provide positive results for the company which will benefit the shareholders and grow the product and brand name.
As you are the CEO and Chairman of the Board "Mark Fortunatow" If you can't be transparent with the shareholders and are not willing to let other personnel help grow the company by providing them with responsibility, considering that majority of shareholders believe you are still treating this like a private company and obviously shareholders feel micro management is occurring, then maybe you should consider stepping down and appoint someone who can progress the company to the next level.
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