Davidob the 10M share issue to meehan and kiddle is one thing and we know that was in their contracts, a nice gift from Gestro. The performance element of their wage though was the cash bonus which they got for meeting the revenue forecast. This is not an old chestnut, it has never been answered or raised publicly.
Why does it relate to the current situation ?? credibility and trust. These guys have fudged the figures to get a bonus, and now want more opportunities to raise cash. Based on the fact that "trust us it is necessary". After the wink wink nudge nudge business at the last AGM there is a HUGE trust issue.
We don't need more investors, strategic or otherwise to drive the sp. We need a profitable well run business. I would need some serious convincing on the competency front, before I would be keen to give mgt further opportunities to raise capital.
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Davidob the 10M share issue to meehan and kiddle is one thing...
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