Life and Death Graeme and BoD are smart enough to understand that this is about their personal survival - must avoid shareholders getting together at any cost. To fight against us using our money, isn't that ironic and sad?
It's quite amazing how personal greed is put above anything else, just keep as long as possible these warm positions with good paycheck on shareholders funds. BoD members are paid predictibly and reliably, year after year, 15 and counting, for consistently destroying shareholders value and bringing share price from $5+ dollars to 30 cents. By the way, besides having zillion of stock Mr. McRae doesn't work for free either.
Last time I checked, if not mistaken, it was around $300,000.00 plus per year. Quite generous pay at our expense I would say considering his great performance (through 15 years almost completely destroyed business; multiple times on the brink of insolvency).
I admire a few known posters here including high net worth individual in their efforts to apologize, excuse, yet again to seed yet another hope, just one more, just a bit, just last time........
and keep somehow afloat our Management team. Enormous and impossible task I would say, but
they are trying nevertheless..... trying hard... such a tenacious characters,......... well apparently they have their own strong reasons for that.