Notice to Remove Director - Corps Act, page-99

I thought at the agm they said within a week of the agm they were going to make the announcement for the partly paid shares, also has it been clarified that the 1c has been paid or do they still owe it to the company??

Seems like an awful lot of free shares and little money paid. Imagine if the they succeeded in getting the share price high, those free no risk shares would have been worth a motza. Wish I could get shares free sit on them with no risk and when the company share price collapses simply say “actually I don’t think I will pay any money for these, here have them back now as they are worthelss, thanks”.