can we vote online of rthe agm resolutions?, page-3

"List of resolutions doesnt include commiting to some form of accountability in missed guidance on income and deals."

It does in a way - but not a way that we really want to see - holds no benefit to shareholders but protects those parties under the Convertible Note issue - miss deal guidance & the Special Discount will be 25-40% from market price.

Then again isn't the acountabiliy kind of ironic for those on the board taking part ? Fail on achieving the best possible outcomes & you get a large discount from market price for your stock purchase meet guidance & still get a discount just not quite as big as if you fail.

I still don't really understand the later points in that special discount though - firstly i think that it's fair to assume that if 3 more deals on similar terms to Janssen are reached then the share price will be well above 5.3c so likely 5.3c would be the lesser & therefore issue price however - based on what we've seen this year despite the Janssen deal being formalised the share price is much lower. This special discount really means management need to get a bit more transparent on deals - how ae we to know if deals are reached on similar financial terms to Janssen if nothing is publicly disclosed ? or is the Special Discount meant to be applied on things that they wont realease to market ?

Really need some more transparency on some of these deals & i also like to see time factors - do they fix dates ink to paper when they reach the deals ? are the pharma bound to reach decisions & make moves with in a period - Roche would be a key question approaching 3 years and still thinking about a license ?