GLA

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1.7¢ gladiator resources limited

Hope this works out for all current shareholders, I sympathise...

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BR1978

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04/06/22

11:33

Post #: 61818900
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Originally posted by Padmore: ↑

This announcement today encapsulates the ethics and professionalism of the current board with regards to the respect of Shareholders.......IMO

Rather than embrace change and allow another group to better manage this business, the current board have put up barriers at every single opportunity.

Firstly they sought legal advice and stated an original 249D submitted by Mr Boysen and a USA based shareholder was illegal based on a holding account technicality.
Again rather than respect shareholders, the board chose to make things difficult by creating barriers.

After 3 weeks of legal discussions back and forward Mr Boysen instead chose to find another local based shareholder to submit a new Section 249D submission which subsequently was announced on the 29th May.

Now in normal circumstances a rational board would understand the wishes of Shareholders and announce the resolutions of the 249D General Meeting in combination with today's announcement to facilitate a streamlined professional approach

By doing so this would simplify the amount of paperwork and costs associated with calling such a meeting. In essence why not combine it into the one meeting and get it finalized ASAP?

However as a final vindictive approach the Board of Gladiator Resources have chosen to hold a seperate meeting for the shareholders resolutions under their S249D submission.
They have done this because the shareholders will then be financially responsible for the costs associated in calling and holding this meeting. In essence their motivation is spite.

If you want to play games Mr Ian Hastings bring it on pal because your days are numbered IMO and it will be a pleasure voting you and the present board out in the not too distant future. Respect is earned my friend and that is something the new board will have for shareholders in the not too distant future.

At the end of the day time is money and presently this stock is languishing in the doldrums due to a lack of vision and progress from the current board. They have proven they will do anything to maintain power showing minimal respect to Shareholders of GLA.

Shareholders at GLA will vote in due course, and all that today's fun and games have done is highlight the unprofessional and disrespectful approach of the current board to its shareholders.........IMO

Autocratic leaders have very limited skill traits......IMO
They dislike being challenged......
But most of all they dislike being held to account.......

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Hope this works out for all current shareholders, I sympathise for them and it appears that the company has been run poorly by the current board. The issue is why replace one problem with another problem, the proposed incoming directors have a pretty poor form in running a company. I am shareholder of one of there companies that has been run into the ground. Have dusted a lot of money whilst they have been rewarded.

GLA Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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Hope this works out for all current shareholders, I sympathise...

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