I am a LONG TIME SUFFERING CHAREHOLDER and need to be able to...

I am a LONG TIME SUFFERING CHAREHOLDER and need to be able to share my disgust at how this company treats us holders out of the Top 20.

At the annual meeting, a resolution (No.3) has been put forward which causes me angst!

Why would I want to ratify the issue of these shares?

1. It only means more dilution to come hence less value.
2. It makes it so much easier for management to sell
another 15% of the company to so called professional
investors hence less value.
3. In nearly two years we have still yet to see a final DFS
hence less value.
4. The share price has been manipulated to the nth degree
downwards hence less value.
5. Why would I want to trust this management that has not
shown me any value in nearly two years.

I am of the opinion these guys are lining there pockets to easily and if they say finance is hard to come by, then get out of the kitchen as you are just showing us all ( Out of the Top 20) how hopeless our management really is.

I would rather that management have to explain why and how they are to use the monies before a Capital Raising and then we can all make an informed choice, not like these back door deals with manipulaters and professional
investors PFFTT!

Want respect?
You need to treat shareholders as real people not just numbers otherwise you are the cancer that needs to be cut out.

After my tirade and reflecting, I still have decided to vote NO on Resolution No.3.

Good Luck to all out of the Top 20.