Executive guts the company of any $ (near a million to Randy and...

Executive guts the company of any $ (near a million to Randy and Ian), goes onto raise at 3c per share:


This is the definition of lifestyling and a mistake that will last the remainder of Pointerra’s short life.

It’s all well and good to take a trim now but that is REACTIVE. The damage has already been done with coffers being near empty the duration of FY24.

Directors have strict obligations to act in a company’s best interests. Has the above remuneration been to the benefit of Pointerra, shareholders and growth?

I’ll leave that for you to decide.

On a side note, I cannot comprehend making reference to ARR in reports while the number itself remains MIA. RECURRING revenue must be extremely low. Circa $1- $3m at most (licence renewal only).