Post by
RagnarD on Oct 27, 2020 5:26pm
Notice of annual meeting has been filed
EnviroLeach is seeking shareholder approval for a 20% rolling stock option plan, which the board adopted on Oct. 15. This would replace the 15% plan.
The directors still are sitting on a lot of cheap options. Duane could exercise 1.65M options at 25 cents to help minimize or possibly avoid another capital raise.
As things stand now, I expect to vote against the stock option plan, as well as against all directors except for Alexander.
Comment by
smallcapstocker on Nov 10, 2020 3:08pm
I just voted my significant holdings in ETI the same way. What we need is an operations expertise running this company. Current board is not that. Running an incredible technology into the ground.
Comment by
smallcapstocker on Nov 10, 2020 3:23pm
Duane's very fortunate that there is no dissident slate put up this year against him. The company has a year to turn this around. Otherwise next year may be a different story. It will not be tough to garner support. Nobody is happy with how they have managed this company. Only so much can be blamed on Covid. DN needs to accept responsibility rather than make more excuses.
Comment by
smallcapstocker on Nov 10, 2020 6:59pm
No Canadian. I received mine in the mail. Quite easy. Used the QR scan they provide and it took me to investor vote. Took 30 seconds to complete.
Comment by
eunice12 on Nov 10, 2020 10:08pm
lol, do you think anyone here or at ETI cares how unhappy you are? Your tiny vote does not matter to anyone (except maybe you and your mother) and mgmt knows you have no operational expertise or even knowledge of their facility to offer, so will continue doing what they feel is the best path forward.