I agree that entitlements are a good way of encouraging board...

I agree that entitlements are a good way of encouraging board members and everyday workers too, to try that bit harder. It is very common practice in the workplace. Regarding an issue to institutions , it was the selective issue at 10 cents which upset many shareholders who missed out and bought about the action to remove some directors for their perceived preferential treatment of some holders, we do not need a repeat of that. I do hope that Martin Wood stays, his contacts and past experience are needed. I am saving up for an issue to all holders in line with any institutional offer. We long term holders have done much to keep our company afloat for many years now 7 years plus for me and I have supported every issue available to me (a non sophisticated investor) in that time.