Management Information circular If you are a shareholder you should have received the Management and Information Circular For the Annual Meeting of Common Shareholders. The following is my opinion of this mess and my opinion only.
If you read it, it is around 40 pages long, as I did you will find it particularly disgusting. If is nearly entirely about giving moreto the favorite people, up to 10% of the number of outstanding shares. Remember we had 97% of out equity taken from us, or to put in in other words, we lost most of our investment with the 30-1 reverse split of the stock, now the company is issuing more options, etc., or further diluting our positions to the nth degree. This is really a horrible situation of outsiders. The comany, and we all know who they are does it all in the name of performance and rewards for doing a great job, a great job for who? It is pitiful. I doesn't do any good to vote your shares because they clearly write that they are in complete control. The performance of management has been the worst. Just look at the price of the stock and do the math. If you do a little math, a little reverse engineering you will soon realize how bad it really is.
I will end it here, please read the report. I will save the rest for another day, and tell you how I really feel.