fat prophets, page-57

Only 1 out of 10 Directors had shares, i.e Mr Stancliffe the chairman, had 190,000 shares, both direct and indirect holdings), there are 439 Million on issue. Nine 9 directors did not believe in their own company, and whilst speaking of directors, 10 of them running a small company??? a bit rich.

Up against the wall.
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Is that true?
My number 1 question on my list before i buy any spec is
How many shares do the directors own.
If their arse is not on the line,im not in.