Hi flyinglite,

If anyone still has receipt of the wasteful 40 page management circular put out before the 2012 AGM, pls note that the last para of page 28 reads in bold;

"the Board recommends that Shareholders vote in favour of the option plan Amendment Resolution. In the absence of instructions to the contrary, the persons named in the enclosed form of proxy, if named as proxy, will vote in favour or the Option Plan Amendment Redolution." I read this as..... if you withhold any of your votes, then the white team will garner each of your votes.

My family received 3 packages of circular in para 1 (one for each investment porfolio) in the mail last year. I was disgusted with the waste of shareholders money by our BOD in hiring the Georgeson agent to put out this blatantant vote solicitation when an email would have put their grab for votes forward to everyone's attention. The green team used email to acheive their landslide proxy votes without a cent cost to shareholder' treasury. I think the treasury has been plundered so much that these circulars will not be out this year ( at least I hope not).

Also, if my "not for profit" organization is required by law to hold an AGM once a year, I surely hope this company is bound by the same law to hold one also. IMO

Still reading everything on this board. Cheers,

BDF