options for directors, page-25

Iplaye, I need to clarify a few things.

The most important being the one about your assertion that I may be close to the PPR's directors. If you truly believe this then you should be out, because if I were you, I definetly would not be involved with a company who would play this kind of game.

As to why I have only posted about PRR, the reason is this. I am relatively new at this. The other 5 stocks that I hold are blue chips, they are fairly boring and there is really nothing that one can engage in about them, in a forum such as HC. PRR is the only high RISK stock that I have ever invested in. And because it is high risk, it is definetly not boring, as you have seen from the discussions that go on here. One risky stock is more than my risk profile can handle.

You mentioned that you have purchased your shares at 8cents. If it's any consolation, some shares were purchased up to 11 cents - and they were high volumes. However, the fact is this, IF the company is succesful in taking Cvac to commercialisation than 8cents will have been a bargain, as there will be investors who will be paying a lot more than you have, further down the track.

You made some comment about certain posters NOT supporting my point of view. That is fine, that is what this forum is all about. What would be the point of posting if we all agreed with each others points of view. Different opinions is what makes it interesting. You know the debate between misterS and me, I really enjoyed that, and I looked forward to reading his responses to my post. There is no winner or loser. I learn't from him and hopefully he may have learn't a little from me. And just as importantly, those who were reading the posts but did not have time to comment may have also learn't something from reading the two points of view.

You expressed dissatisfaction that the company is not communicating effectively. All I can say to that, is that I also wish that there was some communication. However, they can't communicate anything if they don't have any worthwhile to communicate. The kind of negotiotians that Martin Rogers would be undertaking are not concluded overnight. They take time. I am sure that as soon as he has something to say, he will say it, and not cruelly keep us in the dark.

Re your comment regarding shares at zero cost. I have said many times before this is part of his salary package, a very risky (for him) part. It is for the time he spends working for us. Your comment is like saying that he gets his base salary "for zero". Like it or not his "zero" options are part of his salary, which IMO is fair and reasonable, as he and the other directors are taking a huge risk. If they don't succeed they will end up with virtually what they paid for them. Zero

As to your comment re the EGM voting, I have no regrets about having sent in my proxy form with big ticks.