"Amazing how thorough the "research" is that conveniently overlooks so many things."
I agree with you 100%.
In the notes to the resolutions re: ZEPO's to the Directors, it does not specifically say the options are in lieu of a cash payment for Director's Fees.
"The independent consultant advised that the issue of related party incentive options forms part of a fair and reasonable remuneration package designed to include the provision for rewards for generating medium to long term shareholder value. "
Do you think if the oppies were granted in lieu of a cash payment, the company would explicitly state this? I think it is a reasonable expectation.
I view the oppies as a gift. Pure and simple. Are the oppies tied to the Director remaining on the BoD? I think not.
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