has he been worth it?

The Remuneration committee consists of the following Non-Executive Directors: T V Willsteed (Chairman) and JJ Foley.

The Company’s Constitution specifies that a third of the Directors (with the exception of the Managing Director) must, by rotation, retire from office at each Annual General Meeting (AGM) such that at least one Director stands for election at each AGM. Where eligible, a Director may stand for re-election. All Board appointments are subject to shareholder approval.

J J Foley received payments totalling $185,260 for FYE 2009

Has he been worth it?

JF is now due to stand for re-election at the 2009 AGM.

** Do your shareholders bidding & help CTO get its market confidence back.. Vote NO for JF on your 2009 AGM Proxy **

(Not intended as investment advice, do your own research, blah blah blah)