re: Ann: Terms of appointment of new Managing... Gave...

re: Ann: Terms of appointment of new Managing... Gave Superchicken the thumbs up on this one then mellowed with the condition that I would be happy to vote for it if;

1) There was a decent share price rise prior to any vote where current shareholders would not be disadvantaged.

For the size of the company I think there are more than enough shares already on market and would be wary of any further dilution by any means.

There is a big difference with having skin in the game that you've paid for and saved for over years and years and skin that has been 'grafted" by decree and issued without any dues paid.

I do have faith in the board and think Mr Sumner is keen to get his teeth into expanding this product but $375,000 should be enough to survive on in the meantime until we see some movement at the station at which time I would be favourable to consider voting in the positive.

I would also be interested in exactly what the "certain performance and time based criteria" are exactly.

"Mr Sumner may be eligible to receive options in up to two tranches, subject to a qualifying period of 6 months and satisfaction of certain performance and time based criteria. Each of the tranches consists of 11,718,500 options, for a total of 23,437,000 options. Any issue of options is subject to the Company obtaining shareholder approval."