genepharm resolutions for agm on 27 nov 07

The performance of the GAA share price during the last 12 months has been a bitter disappointment and the board of directors should be advised of shareholder sentiment. The opportunity will arise at the AGM on 27 Nov. The Board has drafted 5 resolutions -

1. Adopt Remuneration Report. How could they expect shareholders to approve this in light of the company's share price performance?

2. Re-elect George Rogers (Kip Harding)
Perhaps the CFO should be held accountable for the dismal share price and should be banished to his office.

3. Re-election of Warren Jenkins as director. Apparently he is an asset to the company.

4. Increase Non-Executive Directors Remuneration.
How could the directors expect shareholders to approve this in light of the company's share price performance.

5. Termination of Distribution Agreement and Transfer of Trade Marks.
This would seem to be the only resoltion worthy of approval.

I hope that all shareholders complete and lodge their Proxy Forms and send a message to the Board.

Disgruntled.