Product future looks alright, we just need management to stop ripping off shareholders through their predatory sense of entitlement.
They (and buddies) got generous outcomes in lieu for their exclusive Notes.
They got generous shares at 10 cents in lieu for briefly 'forgoing' some salary.
All while the rest of us were frozen after being ambushed with suspension at a share price 3 times higher than that, for 12 months.
Salaries are not retainer fees, while you discover more ways to accumulate more free shares at our expense, they are recompense for doing your job.
Try setting 'performance' targets relative to the massive value destruction many longer-term shareholder experienced in supporting this company along the long, hard road to reach this point.
It's not the Directors who deserve a 'bonus' for that terrible journey, it's shareholders, and since they all have free, cheap and even purchased shares, they will also benefit.
If they want even more reward for their great future performances, they can frigging well buy some more shares.
Those holding shares that cost them the pre-consolidation equivalent of $2 each are not thrilled with handing out free shares for the company reaching the dizzy heights of 27 cents!
Market cap is $22m, in other words, not much, which makes this play even more despicable in my opinion.
The fact they even put it out there is insulting. If it is an ambit claim, expecting pushback resulting in a higher target, it is pure cynicism and manipulation.
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