I think what upsets most shareholders is the amount of ZEPOS issued and the huge salaries paid (looks to be above average in comparison to similar junior miners). Share holders like to see the BOD working for their money. As far as can be seen, the same PowerPoint has made the rounds now at several conventions. With very little news shareholders are left feeling like the BOD are sitting on their hands while their bank accounts fill up and share holders accounts go down.
I think you are correct in saying that Flano and the team really can't do anything until the market improves, but its a bad time to be paying big wages in a company that's got to keep afloat until the market changes.
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I think what upsets most shareholders is the amount of ZEPOS...
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