Ann: Notice of General Meeting/Proxy Form, page-110

You just don't get it, do you? Batman and Robin are telling you that they are entitled to those Performer Shares because they did all the work themselves, without having to pay any AZL fees to outsiders whom institutions and sophisticated investors usually expect to provide due diligence.

"The Directors wish to advise shareholders that the Acquisition has been completed without mandating an investment banking firm. The required work and responsibility has been completed by the Directors including all the due diligence."