I agree, this is a complete waste of time cause the shareholders are last in line and have no leverage at all or consideration from the management.
So to sum it up:
Dr Leatt gets (in 2008)- $ 900,000+ (royalties) plus $240,000 (salary) = $ 1,2M TOTAL
Management (in 2008)- $ 650,000+ (MD + COO + Marketing Director)
Investors get $0,000,000 (ever)
MABY THE SOLUTION IS A CLASS ACTION SUITE TO GET THE SHAREHOLDERS SOME RECOGNITION
Oh and i nearly forgot all the shuffling of companies, Leatt Corp (we all invested in), Leatt Corp Branch (a subsidary), Leatt Holdings (owned and controlled by Dr Leatt), 211 (a subsidary), 311 (a subsidary), Exceed Holdings (who knows but presume it was Leatt Holdings but it is not clear), IT Company (owned by an employee), Wages Company (owned by Managment) etc etc etc. Someone should call Jerry Springer!!!!