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Ann: Appendix 3Y - G Raby , page-4

  1. 2,208 Posts.
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    Ex-ambassador's don't come cheap

    it's grease for the wheels

    he's got the contacts and that's how things get done in China


    from FatNerd
    "He ain't getting paid a salary or cash. As mentioned before, non-executives are used for their networks and knowledge, in this case for Geoff's network of relationships and expertise in China.

    -If SMA does not do well, then his options are useless.
    -If he helps to secure the deal with China Mobile, then share price is sky high and he needs to wait 12 months at a time (x3) to convert his options for shares which he has to pay for. Win for everyone."
 
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