His Johny
Yes I agree Conroy has a hefty pay packet I am not sure if it is justified yet, the performance shares which become exercisable at 20 day VWAP of .60cps have a consideration of 0.0001cps WTF The Performance Rights will be issued for $0.0001 each. So if we get to that VWAP Conroy picks up a $600k bonus and puts $200 into the coffers to collect it that's robbery! If we share holders do alright old mate does extremely well all while the privilege of stock picking with our money nice gig if you can get it!
In saying this I like the fact that MMJ is now an investment vehicle to get exposed to a range of MM stock in a one stop shop, lets hope he can grow MMJ to 7 x the current market cap like he has previously done with another company he was involved with.
Cheers
Ann: Investor presentation, page-5
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