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Ann: Chairmans Letter and Notice of Meeting, page-12

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  1. P14
    51 Posts.
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    Brett, It seems that you don't get it. These resolutions are not just a bit average. They are outrageous. Management hasn't done anything near adequate to to earn these handouts. If the SP was roaring back and there were millions of VIN contracts and operating revenue actually flooding in, then all well and good. But its not. By any yardstick management has not proved to be "good". The bright future has been talked up for years - and nothing has materialised, except for $18k sales per quarter. Wow, hold me back. If the company cannot afford to pay its directors and agents, then it is effectively broke anyway. BTW there is money in the bank, so use it to pay these guys their "well earned" directors fees, not give away more of our company. As for this handout being the last hiccup of the past, I rather believe pigs can fly.
 
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