Ann: Notice of Annual General Meeting/Proxy Form, page-113

First 113 Last

Share
Profile

Follow
deejaay

496 Posts.

09/10/15

05:05

Post #: 16142201
Share

Originally posted by coppertop01 ↑

Free, One of the more interesting things I noted from the AGM pdf (page 72) is the breakdown of the performance shares, due end of 2017.

SCHEDULE 7 – PERFORMANCE SHARE RECIPIENTS
Holder Performance Shares
David McLauchlan 66,500,000
Habib Heydarian 6,000,000
Richard Borenstein 10,000,000
Paul Russell 1,000,000
VP Engineering 2,000,000
VP Sales 2,000,000
Alexander Gounares 7,500,000
Director to be nominated by Buddy 2,500,000
Director to be nominated by the Company 2,500,000

TOTAL 100,000,000

Of the 100 million available, Buddy founder and Twitter aficionado stands to collect %66.5 - THE LIONS SHARE of the performance shares. So being the founder, is it too much to assume he also owns a large percent of Buddy... and if so will be a stable owner on the share registry - far beyond the 2 year escrow period WHEN THE 500 MILLION CONSIDERATION SHARES (AGM pdf page 31) CANNOT BE SOLD - WHICH DAVE MUST SURELY HAVE A NICE CHUNK OF?

But what of those next 2 years? Well - the information flow has already started to tell us what to expect, which has already started to take place - ie: NEW CUSTOMERS:

Dave McLauchlan ‏@DaveMcLauchlan Oct 4 Denver International Airport (DEN)
Quick layover in DEN en route back to SEA for a big week at @BuddyPlatform HQ. New hires, new customers, good times.

And who are those new customers... perhaps some of Microsoft's stellar partners (remembering MICROSOFT IS A BUDDY FOUNDING INVESTOR!):

Dave McLauchlan ‏@DaveMcLauchlan
Aug 20 Microsoft Conference Center / Executive Briefing Center
The EBC at $MSFT is an amazing facility. Thx @MSFTVentures for intro'ing @BuddyPlatform to your global partners!
Microsoft and Microsoft Ventures

Freehold, I think I may have got a little off track - apologies.

On your point on dilution - I think, providing there is plenty of news over the next 2 years (propelled by the forthcoming explosion in the Iot space and the good management//networking Buddy has - and Dave's appetite for social media which I expect him to continue, albeit more officially), dilution may not be the issue the numbers imply.

PS - you know what I also like about Buddy... It's already up and running!

Expand

@coppertop01,

Is the united plane a cryptic message or a mere coincidence

http://hotcopper.com.au/threads/ann...2565929/page-51?post_id=15750632#.VhGYu_mqqko

POK Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 110 more messages in this thread...

First 113 Last

Add POK (ASX) to my watchlist

Ann: Notice of Annual General Meeting/Proxy Form, page-113

Top Stories

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Cyclone signs MOU with Vale for development of Iron Bear play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Banshee's historic trenches prove rich in antimony and gold for GDM

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing