Ann: Volt to Launch Capital Raising, page-16

The more I read the SPP the more cringeworthy is the statement below in bold;

1. Volt CEO, Trevor Matthews commented:
   
   “It is important that the Company continues to advance the Stage 1 development of the Namangale project which provides the platform for the Stage 2 expansion to follow. The support of Volt’s Board members for the capital raising should be seen as a strong endorsement of the Company’s plans and the potential of the Namangale project.
   
   “The Plan gives all Volt shareholders an opportunity to participate in this capital raising and contribute to the Company and the Namangale project development.”
   
   
   
   
   Your own CEO who has been in the job now 9 months cannot partake in the SPP because he doesn't own one share!!!
   
   
   Just keep throwing in the cash everyone, what a slap in the face to share holders.