Interesting Explanatory Memorandum - two agendas noted; the second fails to note Res 7 and 8. 94 Mill shares being asked for and 190 Mill 0pts. All shares in lieu (it seems) of unpaid wages. 112 mill opts to be granted to Bursill; 112 mill!! Talk about some extra xmas tinsell. No explanation for Res 1 and two, as far as I can see. The share giveaway I'm not worried about although 112 Mill is in my view excessive; exercise price .003. My personal feeling is that directors are getting set. After all, what has been announced of any excitement. Why this sudden handout? So my question for holders is;, if directors know action is pending, if certain parties have bought in with specific plans and this is likely to lead to sp increases, when does share or option handouts like this become insider trading? Any thoughts? jwt
AOM Price at posting:
0.2¢ Sentiment: None Disclosure: Held
