And I quote, "Options make it possible for CEO's and other executives to plunder companies pulling out a King's ransom, yet keep shareholders in the dark almost indefinately!" (This statement is not meant as an editorial comment, it is what it is, simply a quote!))
An excerpt from Martin's recent book "Crash Profits."
A worthy read.
Certainly food for the AGM. (Dale did respond to the "need" for options at last years AGM, but didn't comment on "King's ransom" nor the "darkness " with which SH's are usually veiled!)
Pete and Repete were rumoured to have recieved 1.4MM shares as options at $0.70 as their enticement to provide "expert" IR when they crawled aboard!
Darkness comes to mind when I think of the "service" they have provided!
RUF