Agree.
What concerns me is Martin Despain as MD really should never had let this get to resolution stage as it reflects poorly on him as well.
What has now been done and is quite irreversible in my view is that Lekkas must go and is totally without any understanding of how to run a business nor good corporate governance.
I would imagine right now the odious resolutions and Lekkas bonuses etc....Are being discussed with potential new investors and it isn't going well.
Imagine the placement advisors (so far they have all been ordinary no name firms) seeing Lekkas getting a bonus to raise money and the other ridiculous incentives etc. I wouldn't put a dime in.
Excessive Remuneration, page-26
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