M&D have less than 2%.
the 5.8% included the 9 million out of money options they just returned, and the 1.80 cheap warrants.
management only owns 1.8 million shares (cost of $1.40) duce has about the same (rolled in when he sold his company) and the rest of the board has less than 500 thou, most of it also at $1.40. this all from sedi and last agm
and only one of them exercises cheap warrants to get the divi - but of course why exercise warrants when you can get the stock(and divi) for free,even before shareholders get to vote on it? thats the message they are sending.
vote NO for free stock to them at least until they exercise their cheap warrants. put your money where your mouth is, boyz!