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.