Peteski :- Your humble opinion is spot on ! The prime purpose of...

Peteski :-

Your humble opinion is spot on !

The prime purpose of holding the AGM is to confirm the inordinate salaries of
these " Lifestyle Directors "
Wood Duck shareholders have seen the value of their "investment" depreciate to
almost zero ,-while directors swan around in expensive cars ,phony business /first class travel and long Friday lunches .

Their salaries in many cases are higher than government ministers ,but at least
politicians are elected to serve their constituents ,-no matter what one thinks of
their elected representative .
.
The prime purpose of quarterly reports is to report the declining bank balance
and to keep the Wood Ducks from quacking ,-with questionable field reports .

A prime example of the above is many years ago, directors of a mining exploration
company left shareholders high and dry by accepting an offer for their personal holdings
of $1.15 per share ,-only to repurchase those same shares at .001cents ,-and in the
intervening period continued to collect rapacious directors salaries.

So much for the very hollow comments we hear so often :-
" We are acting in the best intersts of all shareholders "