risk free loan, page-3

Ant 1, I totally agree with you regarding the loan, but I think the options should have been issued at $2.50 as a guesture to those persons (not me) who subsribed 100 odd million at that price. Thus the Directors share some of the risk. So I voted no for the options.

I don't know what the cost was for calling this extraordinary meeting, but it only had two objectives and that is granting two of the Directors options and a loan. I question whether this is the best use of shareholders funds at this time. It seems the Directors look after themselves first and shareholders interests come second.