"Splitit have asked investors to waive performance hurdles on share rights and approve consultancy fees that would deliver the duo more than $2 million." "The rights were subject to the company achieving merchant transaction volumes of $150 million this calendar year. Splitit reported transaction volumes totalling $34.4 million for the first half." "The notice said the board was also seeking approval for a $US110,000 cash bonus for Mr Don"
So obviously this means they know they aren't going to hit performance targets?
