MFD 2.26% 65.0¢ mayfield childcare limited

Ann: Notice of Annual General Meeting & Proxy Form, page-3

  1. 3,950 Posts.
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    No for all resolutions from me especially
    1. Remuneration report
    2. Appointment of Taleb as director (what happened to risk management experience director as they said in just last press release - absolute joke of management here). IMHO this will lead to significant dilutive raise for all existing shareholders while Taleb's mates get a deeply discounted lot of shares - existing shareholders wont have any opportunity to participate IMHO again.
    3. 10% share issue - again this is leading to a 25% dilution at high dilution to existing shareholders.

    No mention of any progress on the incubator agreement with Genius either

    Absolute nightmare of management for existing shareholders.

    Also realized why Ashok has changed his title from CEO to MD - as it says on the rem report - on 2nd strike all but MD are up the wazoo - he is just making sure he gets out of this unscathed.

    As long as he is the CEO - there would be no additional money put in this company.
 
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