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consultancy fees, page-2

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189

16/02/15

18:14

Post #: 14764247
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Originally posted by antibotter ↑

Even though Mr Smith is not a director of company any longer he receives a consultancy fee of $US 10, 000 per month (current exchange rate would be equililent to about AUD $13, 000) until further notice. He also received a sign on bonus of $AUD 130, 000.

Mr Wachtel receives $US 15, 000 per month as a consultant

That's just for starters - with all the other consultants and expenses being paid out on a monthly basis - I am sure the money in bank is diminishing

Who ever believes there is 5 million AUD $ in bank most probably believes in tooth fairy

My comments are exactly that, should not be taken personally, and is not investment advice

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I also did the same numbers and figured out a CR is on the Horizon much faster than anyone would think. I reckon on my expectations money won't last 12 months at this burning rate!

MMJ Price at posting: 36.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 4.6¢		Change 0.000(0.00%)		Mkt cap ! $9.674M

Open	High	Low	Value	Volume
4.6¢	4.6¢	4.6¢	$13.50K	293.5K

Buyers (Bids)

No.	Vol.	Price($)
1	25410	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	15000	1

View Market Depth

No.	Vol.	Price($)
1	25410	0.046
1	26800	0.037
1	40000	0.036
1	25000	0.020
1	27000	0.019

Price($)	Vol.	No.
0.047	15000	1
0.048	10870	1
0.049	138704	3
0.050	350700	4
0.052	20286	1

Last trade - 14.31pm 07/06/2024 (20 minute delay)

HGV (ASX) Chart