RE: No dilution?Again I refer you to the proxy circular:
!. There are 2,613,585 shares to be issued upon exercise of Outstanding Options and 376,348 available for granting under the existing plan.
2. A plan will be put forward at the 2007 AM to approve a new plan that will enable awarding of options in excess of 10%.
3. An offensive, in my opinion, part of the plan is the 'in-the-money' opportunity to obtain a pro rata number of shares without putting up a single penny of new money for the Company to utilize.