OCI International Holdings Ltd. (DGTLF)

[dskarpus]

http://www.dragonite.com.hk/upload/news/1310119287_E%20DRAGONITE.pdf

A hypothesis: the board embarked on a venture to turn the company around. During the completion of this plan the share price dropped so low they had to amend the plan. They were all supremely disappointed on how this all turned out. Not only was this a bad result in toto, they had to pay these guys.

Result: Fire the guys, finish the acquisition, and find a new plan. The e-cig market is getting bigger. I checked out the industry's various vendors and my rough approximation is that this market is $1 billion and growing. However they enter the market they can be big. With the exit of these key personnel maybe they will revisit some earlier discarded plan.

Maybe not a dodo, but a phoenix! Mr. Hon Lik - call me.