Ann: Notice of Extraordinary General Meeting/Proxy Form, page-4

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15/05/15

12:47

Post #: 15287475
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Originally posted by goodadvice007 ↑

Well who would have thought!! June 24. They had 60 days for this whole process and guess what....60 days it will be. The big wigs must be a wee bit nervous I would think.

An extra 2 months pay for the executives. They probably know this will be there last job in this industry and want to make the most of it. They are the only ones who are making any money out of this business and really couldn't care less about the investors who have seen their investment $ plummet to next to nothing. Its about time someone stood up to these fools.

Didn't they try and issue themselves an absurd amount of options before the last AGM? Reward for under-performing!! That's how these monkey's thinks it works. Guess what boys....start packing your bags. Shareholders have had enough.

You try and paint a rosy picture with your update, but your debt is still out of control and growing each year. But you keep paying yourselves the big $. Your results aren't that good no matter how you try and rosy it up. Still blaming the GFC though, not managements inability to cope with it.

$25k for the meeting is the best $ this company has spent in a long time. The shareholders can have a real voice now.

These guys sit on their own Remuneration and Human Resource Committee and determine how much they are going to pay themselves and say it is in line with other companies like Clarius and Ambition. These companies wouldn't even rate Rubicor as a competitor the state this company is in.

Anyway, I hope Mr Mason and his supporters give these guys an absolute canning and shareholders get behind them. If you want monkey's and clowns to continue to run the show and pay themselves with your investment $ then do nothing.

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I agree dump the existing directors and put someone in who has practical experience, prior success and a passion to succeed.
It should be done for the sake of the share holders and to give the employees some sense of job security.

RUB Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
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Ann: Notice of Extraordinary General Meeting/Proxy Form, page-4

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