30 million options @ 3.7c, 25 million of which are for 3 Key Management Personnel to deliver Net Profits over subsequent Financial Years
5 million heart beat options for Steven Cail to stay on / in recognition of the CEO role.
Hmmm. I would have thought salaries in excess of $150k - $200k p.a. come with the inherent expectation to deliver budgeted net profit.
This on top of Wise-Owl today saying it could be some number of quarters before FOD proves it is cash flow positive, and the Board fairly pricing the options at 3.7c !!
nothing in this company signals positive signs of the turn around being a commercially viable proposition, especially with the agressive pricing of the competitor MOJO brand
GLTAH
Ann: Notification regarding unquoted securities - FOD, page-2
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