Ann: Chairmans Letter and Notice of Meeting, page-7

So they are taking shares/options in lieu of payment for services. That's convenient when the share price is 3 odd cents. The company should just pay them rather than dilute the current shareholders. And it's some dilution (on top of many others). Surely this in not in the best interests of the Company and therefore a breach of Directors Duties.

Given ASIC's focus right now I'd imagine they may want to look at this. It's a bloody disgrace.