todays meeting, page-7

Holding here, too, Nish. The fundamentals of this company still stand.

There's a couple of things about the Resolutions, such as performance shares: the additional shares will dilute other holders, and give a stronger holding for the Directors. It also can act as a disincentive for a takeover, as others have said- more cash would be involved there. I'm not going to take this as a slight against Directors and their performance- I presume Veremonte (if it was them opposing), have relationships with the Directors, and did their due diligence. I see it as Veremonte protecting their holding- now why would they do that if they don't have an agenda? Most shareholders in other companies don't give a stuff about performance shares and additional options.

Anyway, the Resolutions passed, so we now have Directors receiving performance shares, and I look forward to milestones being reached for those shares to be earned.