Ann: Proposed Grant of Rights, page-28

:>))) Free performance shares for the non performing mgmt squad? More dilution for the poor LTH crowd. And yet, nobody has ever had the guts to clearly vote the mgmt crowd down during the last AGMs. You will be milked again and again until the final walk to oblivion.

lets see how this will likely play out: With the known capital requirements TNG will have to check the watering hole very often. This means sub 3 cents at best until the requirements have been met. Or: the company will sell itself for an apple and the yellow of an egg to some low bidder with some cash. This will practically wipe out the dreams of many shareholders here. Yet it may be a rewarding strategy for mgmt in making a back door deal for some off the book “finders fee” with the perpetrator-in-cheap. Anyways: shareholders will be royally s****ed both ways.

The consistency of showing disgust to sharehlders from mgmt of this company is just flabbergasting.