On dear!!! I see nothing has changed, this report reads the same as Year 1. Related party transactions which result in $$ going straight out the door to pay them or numerous shares get issued instead which ensures the Family keep majority control. Nothing has changed behind the control even with Dean coming on board. Over 1billion shares were issued last year to pay for creditors, salaries or financing, hence why the SP will never move up. If anyone wants to see how this Company is really run, I dare you to attend an AGM and try voting against the Remuneration Report or asking probing questions. If you don’t get intimidated by the hired thugs at the back of the room, you will be dismissed or shouted down. Else like happened the following year my votes got “lost”. This is fact I was there!! I still hold quite a lot but have written off long time ago in my mind. I thought certain people were out but looks like by job description only.
CLZ Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held