re: Ann: 2012 Notice of Annual General Meetin...
If I recall one of the Directors was up for re-election last year and was likely to be voted off the BOD but during the meeting he was able to cancel the vote on a legal technicality. Can anyone confirm this?
Given recent performance I dont think shareholders should be giving all the Directors options. Its not clear to me that Board members have been able to generate significant value for the company.... I would have thought YT would have been able to support the company with an attractive financing package for Hera but we haven't seen anything from them.
Additionally, If one of the Directors was going to be voted off the BOD last year then he shouldnt be awarded any options either.
I am very much in favor of the new additions to the BOD getting options as they are going to be key in the future development.
YTC Price at posting:
26.0¢ Sentiment: None Disclosure: Not Held