To me, issuing 455 mil shares on top of their salary is plainly abuse of power and dismal betrayal of shareholders' trust. If the board of directors was really up to the task then they would issued 455 mil options with an exercise price of 1 cent with an expiry period of no more than 12-18 months from the date of issue. What they have done is objective evidence of their inadequacy, incompetence and greed.
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afg 2023-1 trust in respect of series 2023-1
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