PZC 0.00% 0.2¢ pan asia corporation limited

Ann: Half Yearly Report and Accounts, page-5

  1. 1,117 Posts.
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    The bottom line is that PZC is a company where the Directors and management are authorising financial transactions, whether it be loans or fees for admin and consulting services, which results in them gaining a financial benefit. The money they're using is ours, the shareholders of PZC

    The racket is that they have complete carriage of these transactions and appear to be a law under themselves avoiding all parameters surrounding conflicts of interest. It begs the questions why would they give a rats what state the company is in, why would they give a rats what the share price is doing or why would they give a rats what financing deals are in the best interests of shareholders when theyre making money from these related party transactions.

    They could resign tomorrow but are laughing all the way to the bank at our expense.
    Tombo
 
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Currently unlisted public company.

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