General Discussion Topics, page-107260

Im all for remunerating staff fairly based on their performance... but most companies set this out in their employment contracts and annual reviews and use it as an incentive.

Its our money from Cap Raises that got SYA here. There's a reason why more than 60% of shareholders are retail... because we were willing to support SYA when the institutions weren't. So BOD decisions should have majority retail shareholders interest and benefit first.

And its also a bit of a slap in the face shareholders to say they are going to reward ourselves with nearly $2mil of shares for no reason and then we'll put in a senior BOD member to be in charge of remuneration "after" they get one last pay cheque out to themselves.

Just remember that we the share holders are paying for these golden parachutes... particularly for PC who is leaving the company anyway. Our share value and voting % is being diminished because of the dilution in new shares... so its coming out of our pockets.

So in this case because it was not linked to prior negotiated remuneration and because retail share holders have been treated with dirsegard and contempt.. I voted NO.