SOC will the fighting continue?, page-8

Now that these resolutions have passed this is what a bad management might do....

When the share price improves [for whatever reason] an untrustworthy management would sell the shares they own into that rally and then convert their 0.004 options and sell those too.

Once those options are converted the total shares on issue will be around 1.6M. Now if the management was only interested in making money at everyone else's expense ... the next thing an untrustworthy management would do is a low-ball capital raising which excluded retail shareholders and which made full use of both the 15% provision and the supplementary 10% provision. A bad management would issue 400M new shares [and possibly some attached options] to themselves, if that was possible, and then sell into the next rally which came along.

That is how the current set of 'passed' resolutions might be abused by a management which did not have the interests of the retail shareholders uppermost in their minds.