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Gold/Mining/Energy : Weda Bay Minerals Inc
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To: Intrepid1 who wrote (92)4/30/1999 9:39:00 AM
From: Surething  Read Replies (1) of 98
 
Etc.,

Let's not forget additional options,and those sweetheart warrants, not to mention exhorborant consultation fees. With a little bit of promo. management could have raised alot more cash with far less dilution. The amount of cash raised will just about cover managements salaries for another year-to say nothing about further exploration. That is assuming no further compensation increases are forthcoming. Management's first concern should be shareholder equity and should be compensated accordingly.
From what I gather: Clinton, Lynch, and Baillie were principles in strand minerals, and the ammendments covers their interests, not ours. It is none the less fair and I voted for it.
I should hope that the excesses we have witnessed over the past year will cease. You are right-they fed, we bled
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