By Steve Moore | Monday 3 April 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on Osirium Technologies (OSI), last month I noted body of 2022 results statement misleads; omitting “and raise additional capital” included in Going concern notes!. Today, with the shares at 1.6p and a £2 million market cap, a “Notice of AGM & Proposed Changes to Option Scheme” announcement. Does Osirium’s remuneration committee of Simon Hember and Simon Lee consider that a misleading results statement and massive shareholder value destruction should be newly rewarded then?
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