i think it is more the case that the directors were pretty much on little remuneration while the company was purpose and directionless, and if you look back over the past year, most of the money from cap raisings went to paying out old tax debts from the company's former failed incarnation, allowing it to be a debt free entity.
however, i will not vote in favour of dishing out options to these guys if they do not show us first that they have something on the boil. it would be a bold move to walk into this scenario and ask for $10,000 a month without some sort of carrot to dangle. not after 12 months of Cygnet having done the same thing with no result.
once bitten twice shy.
FUT Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
