I will allow @Beancounterobj to discuss on my behalf.
The company knows the concerns, they should scrap the proposal till there is time to properly discuss... As there is no time, and before we know it bamm , AGM happens and it was passed....
I wonder if they thought there would be some backlash, or thought their SH@t dont stink... It would be extremely naive of the board and Paul Peros to think we would rush with high fives to give them the extra shares... At first I thought they were like options, they could buy the shares at those prices That would be a better deal, if the share is $1 they can still buy them at 27.5 cents etc That I would vote for, and puts money in our till....
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