Almost 12 months ago: [ATTACH] Despite a pipeline of some...

Almost 12 months ago:



Despite a pipeline of some millions of dollars of varying deals, revenue for the 6 months after this was less than $150k. The annual revenue alone doesn't even cover the recently increased CEO's salary. Before we talk about the options being dished out, for zero consideration.

Seems a bit unjust that shareholders are only able to save themselves huge dilution buy contributing more capital into the company over and over, but the largest shareholder, who receives a salary  from company funds being more than the companies entire annual receipts, get a free swag of options to save part of the dilutionary effects of the most recent raising.

Zero downside risk for them and take a big chunk of the upside.  Whilst regular punters just have to suck it up.  Perth business logic at its finest.


Unless they vote down the resolution.