IS IT A BIRD???IS IT A PLANE???NOOOOOOOO IT'S CUSTOMVIS!!!
C2B - Tue, 02 Jan 07 :
John McEvoy left the company in February of course, there doesn't now appear to be a Finance Director, seems odd that there's no comment on who now fulfils this function. Good that the compamy got the A$2.3m grant over 2 1/4 years, good that the company managed the placement, but the directors and others are still taking too much of investors money out of the business. The proposed reduction in the company share option scheme exercise price from 60p to 5p seems entirely wrong and the granting of 3 million new options to Paul Van Saarloos at 10p and 1 million options new options to Mukesh Jain at 5p entirely inappropriate. This seems too much of a reward after the poor husbandry of the inital investors resources.
